US senator calls for ban on elected officials issuing memecoins
CoinTelegraph·
60-second summary
US Senator Kirsten Gillibrand is calling for a ban on elected officials issuing memecoins, proposing a restriction that would bar members of Congress, the US president, and their spouses from "issuing or sponsoring their own digital assets." This move aims to prevent potential conflicts of interest and maintain regulatory oversight.
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.”