U.S. Bill Proposed to Restrict Political Crypto Holdings – Coincu
The post U.S. Bill Proposed to Restrict Political Crypto Holdings – Coincu appeared on BitcoinEthereumNews.com. Key Points: Representative Maxine Waters proposed legislation targeting political figures’ digital asset holdings. The TRUMP Act aims to restrict potential undue influence involving politically-linked crypto assets. Political crypto involvement, such as President Trump’s association with TRUMP coin, draws regulatory attention. The U.S. Democratic leader, Representative Maxine Waters, introduced the “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025” to manage political engagements with digital assets. This measure aims to restrict holdings that allow undue influence. On May 23, hours before introducing the bill, President Trump held a gala for TRUMP coin holders, increasing scrutiny on political crypto involvement. The TRUMP Act seeks to prohibit high-ranking officials from holding digital assets that could allow unilateral influence, impacting politically-linked coins. U.S. Proposes Crypto Restrictions for Political Figures Representative Maxine Waters introduced a bill titled “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025”. The legislation aims to prevent the President, Vice President, and close family members from holding substantial digital assets. It specifically targets President Trump due to concerns over the TRUMP coin for potential American policy influence by foreign entities. This legislation could impose significant restrictions on politicians, driving interests mainly on memecoins affiliated with politicians. The bill intends to address concerns about market integrity by preventing political volatilities. Key political figures’ involvement with digital assets raises questions about financial legislation’s impact. However, no direct responses from prominent figures or regulatory bodies are present. Experts await updates on how the bill may influence major cryptocurrencies like BTC and ETH or the broader decentralized finance landscape. Trump’s crypto con is not just a scam to target investors, it’s also a dangerous backdoor for selling influence over American policies to the highest foreign bidder. For all we know, Russia, China, or even North Korea could be buying…
The post U.S. Bill Proposed to Restrict Political Crypto Holdings – Coincu appeared on BitcoinEthereumNews.com.
Key Points: Representative Maxine Waters proposed legislation targeting political figures’ digital asset holdings. The TRUMP Act aims to restrict potential undue influence involving politically-linked crypto assets. Political crypto involvement, such as President Trump’s association with TRUMP coin, draws regulatory attention. The U.S. Democratic leader, Representative Maxine Waters, introduced the “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025” to manage political engagements with digital assets. This measure aims to restrict holdings that allow undue influence. On May 23, hours before introducing the bill, President Trump held a gala for TRUMP coin holders, increasing scrutiny on political crypto involvement. The TRUMP Act seeks to prohibit high-ranking officials from holding digital assets that could allow unilateral influence, impacting politically-linked coins. U.S. Proposes Crypto Restrictions for Political Figures Representative Maxine Waters introduced a bill titled “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025”. The legislation aims to prevent the President, Vice President, and close family members from holding substantial digital assets. It specifically targets President Trump due to concerns over the TRUMP coin for potential American policy influence by foreign entities. This legislation could impose significant restrictions on politicians, driving interests mainly on memecoins affiliated with politicians. The bill intends to address concerns about market integrity by preventing political volatilities. Key political figures’ involvement with digital assets raises questions about financial legislation’s impact. However, no direct responses from prominent figures or regulatory bodies are present. Experts await updates on how the bill may influence major cryptocurrencies like BTC and ETH or the broader decentralized finance landscape. Trump’s crypto con is not just a scam to target investors, it’s also a dangerous backdoor for selling influence over American policies to the highest foreign bidder. For all we know, Russia, China, or even North Korea could be buying…
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