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BTCC / BTCC Square / Global Cryptocurrency /
Senate Targets Trump, Musk in Explosive New Crypto Ban Bill

Senate Targets Trump, Musk in Explosive New Crypto Ban Bill

Author:
Global Cryptocurrency
Published:
2025-05-12 11:14:01
14
3

Twenty Senate Democrats introduced the "End Crypto Corruption Act of 2025" on May 7, aiming to restrict cryptocurrency endorsements by top government officials and their families. The bill, led by Senators Jeff Merkley and Chuck Schumer, targets conflicts of interest involving figures like former President Trump and Elon Musk.

The legislation proposes sweeping restrictions for senior officials—including the president, vice president, and congressional members—alongside their immediate families. This MOVE reflects escalating scrutiny over crypto’s intersection with political influence.

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