According to Cointelegraph, U.S. Senator Kirsten Gillibrand has called on Congress to prohibit elected officials and their spouses from issuing or sponsoring their own digital assets, including meme coins. Gillibrand stated that this restriction should apply to the U.S. President and their spouse, members of Congress, and others, saying that public officials and their spouses should not issue meme coins and that self-interested behavior must not be allowed to undermine the legislative process aimed at strengthening consumer protections, combating illegal finance, and expanding financial opportunities. The report notes that Gillibrand is one of the participants in negotiations on the Senate's digital asset market structure bill, which has previously faced delays over issues such as ethics, tokenization, and stablecoin rewards.

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GateUser-e72657f0
· 10h ago
Meme coin politicization should have been dealt with long ago, but enforcement will likely be difficult.
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0xLateBreakfast
· 10h ago
Ban spouses? Then don’t we need to check the current holdings first?
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