Wednesday, 7 May, 2025

Senate Democrats Introduce 'End Crypto Corruption Act' to Curb Presidential Crypto Conflicts

Senate Democrats have unveiled the "End Crypto Corruption Act," aiming to prohibit federal officials and their families from issuing or endorsing digital assets, including cryptocurrencies. This move responds to concerns over former President Donald Trump's involvement with the $TRUMP meme coin and a potential $2 billion stablecoin deal with a Dubai-based firm. The bill seeks to prevent personal enrichment through crypto ventures while in office.