Waters Drops ’Stop TRUMP in Crypto Act’—A Bid to Block Officials from Digital Asset Deals
Washington’s latest crypto crackdown targets the intersection of politics and blockchain—because nothing says ’transparency’ like career politicians drafting legislation on assets they don’t understand.
Rep. Maxine Waters fires the opening salvo in what’s sure to be another circus of regulatory theater. The proposed bill would ban current and former officials from crypto transactions—ostensibly to ’prevent conflicts of interest,’ but conveniently timed ahead of election season.
Meanwhile, institutional players keep stacking Bitcoin ETFs. Priorities, people.
- ”Stop TRUMP in Crypto Act” targets political figures to stop crypto-related conflicts.
- Legislation comes ahead of Trump’s private crypto dinner fundraiser.
- The bill aims to prevent foreign influence through Trump-linked crypto ventures.
U.S. Representative Maxine Waters has introduced a bill that restricts political influence in cryptocurrency. The “Stop Trading, Retention and Unfair Market Payoffs in Crypto Act of 2025,” alias Stop TRUMP in Crypto Act seeks to stop top political officials such as the president, vice president and members of Congress, from participating in cryptocurrency activities. Waters unveiled the bill ahead of a private dinner hosted by President Donald Trump, where top donors and holders of Trump’s meme coin are expected to attend.
The legislation prohibits ownership, promotion and trading of cryptocurrencies by political figures in office. Moreover, the ”Stop TRUMP in crypto Act” prevents them from earning money from marketing, mining or trading crypto assets. This restriction also applies to their spouses and children. Waters pointed out that the bill intends to keep officials from using their political power to profit from digital assets which could create conflicts of interest.
‘Stop Trump in Crypto Act’ Targets U.S President
The bill targets President Trump, who has been involved with cryptocurrencies since he returned to the public service. Waters cites his ties to crypto-related businesses and his link to the TRUMP meme coin. Her bill intends to stop such practices to protect the integrity of political offices from financial exploitation through digital currencies.
Waters’ MOVE to introduce the ”Stop TRUMP in Crypto Act” before Trump’s dinner shows concerns about his influence on crypto. Only top holders of Trump’s meme coin are invited to the private dinner. The bill also seeks to deal with foreign involvement in Trump-linked crypto ventures. Waters pointed out that participation in Trump’s crypto projects could allow foreign entities such as China and Russia, to influence political decisions.
Concerns Over Trump’s Crypto Ventures
In recent months, there has been increased scrutiny over Trump’s business deals in cryptocurrency. Trump and his sons’ ties to USD1, a dollar-backed stablecoin and their support for a national Bitcoin reserve has sparked concerns from lawmakers.
Trump’s crypto activities have drawn sharp criticism from Waters and other Democrats. They say that politicians should not be allowed to gain from such businesses when they are in office. The bill could fuel the debate about cryptocurrency regulation. Waters’ bill could shape future talks about crypto rules and conflicts of interest.
Several Democrats from the House Financial Services Committee have backed the bill, but it’s yet to receive bipartisan support. Waters’ push for stricter regulations comes at a time when Congress is still debating the framework for crypto regulations. However, there is an intense debate about how to create a balance between innovation and regulation of digital assets.
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