Waters Targets Political Crypto Influence With ’Stop Crypto Corruption’ Bill as Trump’s $TRUMP Event Heats Up
House Financial Services Committee Ranking Member Maxine Waters (D-CA) introduced the "Stop Trading, Retention and Unfair Market Payoffs in crypto Act of 2025," aiming to curb political figures’ sway over digital assets. The bill’s timing—just before former President Donald Trump’s $TRUMP meme coin investor dinner—highlights concerns about elected officials holding stakes large enough to manipulate crypto projects.
This legislative push intensifies scrutiny on crypto’s political entanglements, coinciding with Trump’s embrace of meme coins. Waters’ proposal reflects growing regulatory focus on governance risks in decentralized networks, particularly conflicts of interest.