U.S. Senator Introduces MEME Act, Aiming to Prohibit President and Members of Congress from Issuing Meme Coins

BlockBeats News, May 7th, U.S. Senator Chris Murphy announced on the X platform that he will introduce the "MEME Act," which prohibits the President or members of Congress from issuing Meme coins. Murphy stated that "Trump Coin is the biggest corruption scandal in White House history" and expressed his intention to work with Congressman Sam Liccardo to push for legislation to curb such behavior.

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