Gillibrand Calls to Ban Elected Officials From Issuing Memecoins
15 Articles
15 Articles
US Senator Calls for Ban on Elected Officials Issuing Memecoins
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 officials and their spouses from “issuing or sponsoring …
US Senator Seeks Memecoin Ban for Trump and Elected Officials After $636 Million Disclosure
A renewed ethics fight over President Donald Trump’s cryptocurrency earnings has sharpened as U.S. Senator Kirsten Gillibrand pushes to ban elected officials from profiting from digital assets they create or promote while in office. Why Trump’s Crypto Earnings Intensified the Ethics Debate U.S. Senator Kirsten Gillibrand (D-NY) renewed her push on July 3, 2026, to […]
Policymakers' own crypto projects could soon be banned in the US. A new legislative initiative will prevent conflicts of interest in the future. Source: BTC-ECHO BTC-ECHO
The revenue generated by cryptocurrency continues to fuel political debate in the United States. After the release of information reporting gains in excess of $1.4 billion from digital asset-related activities, Trump is once again at the centre of discussions. This time, Democratic Senator Kirsten Gillibrand proposes to ban politicians and their spouses from issuing or promoting mecoins. This initiative revives the debate on conflicts of interes…
Donald Trump's Memecoin Haul Reignites Crypto Ethics Ban Push
Key Takeaways Trump reported $636 million in memecoin income. Gillibrand renews ban on officials issuing tokens. Ethics dispute threatens Clarity Act August vote. Largest Income Source, Delivered by a Token The trigger was the president’s 927-page annual filing with the Office of Government Ethics, released this week. According to Roll Call’s review, Trump reported more than $1.4 billion in crypto-related income for 2025: $635 million in royalt…
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