Lawmakers accelerate efforts to address crypto ethics with MEME, STOP Trump acts

U.S. Lawmakers are working to reform crypto ethics through measures like the MEME and Stop TRUMP Acts. These bills seek to curb conflicts of interest and ensure public officials do not profit from digital currencies while serving in office.

Rep. Jimmy Panetta highlights the need for rebuilding trust in public office regarding cryptocurrency activities. The proposed laws aim to apply modern standards to the rapidly growing digital finance sector.

Support for this legislation is rising amid scrutiny of President Trump’s ties to crypto ventures. The bills also include penalties for violations, aiming for greater accountability.

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