TRUMP memecoin faces ban as U.S. Democrats push for MEME Act -Details – BitRss

• House Democrats plan to ban top federal officers from memecoins through MEME ($0.00) Act. 
• Legislators claimed that TRUMP ($13.83) benefited the president at the expense of Americans. 

In a direct swipe at TRUMP memecoin, the U.S. House Democrats plan to stop the president and other government officials from issuing or promoting memecoins. 

According to Californian Democrat representative Sam Liccardo, the Modern Emoluments and Malfeasance Enforcement (MEME) Act would address the problem. 

“Today, I introduced the MEME Act, which prohibits top federal officials from issuing, sponsoring, or promoting a security, commodity, or digital asset with criminal and civil penalties.” 

TRUMP vs. MEME Act

Liccardo added that