Key Points:U.S. Senator Chris Murphy proposes the “MEME Act” to ban political meme coin profits.Legislation targets potential corruption involving high-level government officials.Significant implications for political figures involved in cryptocurrency markets.
U.S.…
In brief
Democratic Connecticut Senator Chris Murphy's bill on Tuesday would prohibit U.S. President Donald Trump from promoting his meme coin.
The MEME Act would apply broadly to securities and digital assets.
Trump…
