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Dubai News Club > Tech > Senate Dems propose ban on presidents endorsing crypto assets
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Senate Dems propose ban on presidents endorsing crypto assets

Press Room
Last updated: 2025/05/06
Press Room
Published: May 6, 2025
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After abruptly pulling their support from what would have been the Senate’s first stablecoin regulatory bill, Senate Democrats announced Tuesday that they would introduce a new bill that would prevent federal officials and their families from issuing digital assets – a bill directed at Donald Trump and his family’s current stablecoin and meme coin holdings.

“Currently, people who wish to cultivate influence with the president can enrich him personally by buying cryptocurrency he owns…

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