Well, folks, grab your popcorn! šæ Backed by a whopping 14 Democratic co-sponsors, the proposed āStop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025ā is here to save us from the wild west of crypto! Yeehaw! š¤ This bill aims to prevent our beloved U.S. officials from getting their grubby little hands on digital assets that could make them richer than a Texas oil tycoon!
Lawmakers Would Face Strict Crypto Ownership Limits
Thatās right! The bill would ban the president, vice president, members of Congress, and their immediate families from owning enough crypto to influence its governance or operations. Because, letās be honest, we donāt want them trading Bitcoin while weāre trying to trade our dignity! š
āItās not just a grift targeting investors,ā Waters said in a public statement. āThis opens the door to foreign influence in U.S. policy. China, Russiaāeven North Koreaācould be buying into Trumpās crypto for access to power.ā Wow, who knew crypto could be a gateway drug to international espionage? šµļøāāļø
Trumpās Crypto Links Under Fire
Concerns have grown in Washington over Trumpās crypto ventures. Both he and former First Lady Melania Trump launched memecoins shortly before his latest inauguration. Because nothing says āIām a serious politicianā like a coin featuring a Shiba Inu! š
More recently, Trump-backed World Liberty Financial, a crypto-centered financial firm, has raised further questions about presidential entanglement in digital finance. I mean, whatās next? A presidential NFT of his hair? š¤
Watersā bill marks the latest move by Democrats to clamp down on what they describe as growing ācrypto corruptionā in American politics. Because if thereās one thing we can all agree on, itās that we need less corruption and more laughs! š
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2025-05-23 07:37