A U.S. senator has proposed a MEME bill aimed at prohibiting the president and members of Congress from issuing Meme coins.

[U.S. Senator Proposes MEME Act to Ban Presidents and Congress Members from Issuing Meme Coins] U.S. Senator Chris Murphy stated that he will introduce the "MEME Act" to prohibit the president or members of Congress from issuing Meme coins. Murphy called "Trump coin 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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