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BTCC / BTCC Square / Global Cryptocurrency /
New Bill Targets Trump’s Crypto Ventures Amid Corruption Allegations

New Bill Targets Trump’s Crypto Ventures Amid Corruption Allegations

Author:
Global Cryptocurrency
Published:
2025-06-25 06:19:02
8
3
BTCCSquare news:

Senator Adam Schiff introduced the COIN Act, aiming to restrict current and former U.S. presidents and their families from engaging in cryptocurrency activities. The legislation follows concerns over Donald Trump’s alleged $1 billion profit from crypto ventures, including the TRUMP memecoin and World Liberty Financial’s USD1 stablecoin.

The bill imposes a six-month pre-office and two-year post-office cooling period, barring top officials from issuing or endorsing digital assets. Schiff’s move underscores growing scrutiny over political figures capitalizing on the crypto market’s volatility and influence.

|Square

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