On May 23, just hours before President Trump hosted a lavish dinner to host the main holders of the TRUMP coin, U.S. Democratic leader Rep. Maxine Waters introduced a new bill to address concerns raised by the president’s foray into digital assets and call for an end to “crypto corruption.” Waters and 14 other Democratic co-sponsors introduced the Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025 Thursday afternoon. The bill seeks to prohibit the president, vice president, members of Congress, and their immediate family members from “owning a percentage of digital assets sufficient to enable them to unilaterally alter digital assets,” among other related provisions.
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On the eve of the TRUMP dinner, Democratic leaders in the United States proposed a bill to combat "encryption corruption."
On May 23, just hours before President Trump hosted a lavish dinner to host the main holders of the TRUMP coin, U.S. Democratic leader Rep. Maxine Waters introduced a new bill to address concerns raised by the president’s foray into digital assets and call for an end to “crypto corruption.” Waters and 14 other Democratic co-sponsors introduced the Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025 Thursday afternoon. The bill seeks to prohibit the president, vice president, members of Congress, and their immediate family members from “owning a percentage of digital assets sufficient to enable them to unilaterally alter digital assets,” among other related provisions.