Democrats Introduce ’Stop TRUMP in Crypto Act’ to Ban Political Crypto Holdings
House Democrats have proposed legislation aimed at prohibiting U.S. government officials and their families from holding or issuing cryptocurrencies. The bill, spearheaded by Representative Maxine Waters, directly addresses concerns over President Trump’s recent crypto engagements, including a private dinner with prominent holders of his meme coin.
The MOVE follows growing scrutiny of political figures’ involvement in digital assets, with critics warning of potential conflicts of interest and insider trading risks. The partisan nature of the proposal suggests a challenging path ahead for crypto-related ethics reform in Washington.