Senate Democrats insist on new legislation that aims to prevent cryptocurrency-related corruption among top American officials.
American Democratic senators led by Jeff Merkley (D-Or.) And Senate Democratic leader Chuck Schumer (D-NY) introduced the Eind Crypto Corruption Act from 2025 To earn the president, vice -president, senior executive tack officials, congress members, people who have been appointed by the Senate and their immediate family to earn, earn and endorse and sponsor Crypto -Activa, including Memecoins and Stablecoins.
“Every covered person who knowingly and knowingly Section 13152 (A) is subject to one Civil monetary fine equal to no more than 10% of the value of the financial interest that is the subject of the prohibited behavior, or the amount of financial gain, if present, that the covered person benefited from regard to the prohibited behavior, depending on what is larger. “
The move comes in the midst of concern that a conflict of interest arises from the crypto companies of President Donald Trump.
Merkley, who sponsored the bill, says that people who want to influence the president can enrich him by buying the crypto he owns or controls. The legislator says that the attitude is a corrupt arrangement that endangers national security and inflicts the trust of the public in the government.
Fiddling out They take action to prevent Trump from jeopardizing consumers and national security.
“The attempts by Donald Trump for engraving and corruption are known and well documented. And at the moment individuals can prefer this white house and earn money for Trump by buying his digital assets …
Our democracy should not be for sale. “
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