US Senator Calls for Ban on Elected Officials Issuing Memecoins

Cointelegraph Staff

(07:26 PM UTC)

1 min read

Senator Kirsten Gillibrand, one of the US lawmakers behind negotiations for a digital asset market structure bill in Congress, has proposed barring elected officials and the president from issuing or sponsoring their own tokens, citing President Donald Trump’s and First Lady Melania Trump’s memecoins.

In a Friday notice, Gillibrand said that Congress should support measures barring elected…

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