Kirsten Gillibrand calls for ban on elected officials issuing memecoins after Trump’s $636 million crypto windfall

After President Trump disclosed over $1 billion in crypto-related earnings, Senator Kirsten Gillibrand is calling for a meme coin ban.

President Donald Trump’s crypto income disclosure has intensified Senate ethics demands as lawmakers debate the CLARITY Act. In a recent statement, Sen. Kirsten Gillibrand reiterated her call for a ban on members of Congress and their spouses issuing or promoting…

The restriction proposed by Senator Kirsten Gillibrand would bar members of Congress, the US president and their spouses from “issuing or sponsoring their own digital assets.”

Bitcoin bounced from $58,000 toward $62,000 this week, while altcoins recovered and ETF inflows returned.

The lack of federal AI regulation under Trump may lead to a fragmented state-level approach, creating uncertainty for AI companies and investors. The post Trump will never support a US AI regulator, says outgoing adviser Sriram Krishnan appeared first on Crypto Briefing.

Trump's reluctance to support a US AI regulator may hinder comprehensive AI governance, affecting future regulatory frameworks and innovation. The post Trump won’t back US AI regulator, says outgoing tech adviser appeared first on Crypto Briefing.

Sriram Krishnan tells the FT the president is against government intervention as AI backlash grows

AI-driven demand strains memory chip supply, impacting diverse industries and highlighting the need for strategic market solutions over intervention. The post SEMI urges Trump to avoid interference in memory chip pricing as AI demand strains global supply appeared first on Crypto Briefing.