In a move that can only be described as “timing is everything,” US Representative Maxine Waters has sashayed onto the political stage with a brand new bill, just hours before Donald Trump’s much-hyped crypto dinner. The bill, with a name almost as long as the average congressional lunch break—the “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025” (or, for those who love a good acronym, the “Stop TRUMP in Crypto Act”)—is here to rain on the digital asset parade.
Waters’ proposal is basically the political equivalent of hiding the dessert before anyone gets to the table. It aims to ban the president, vice president, Congress members, and their nearest and dearest from dabbling in, owning, or even whispering sweet nothings about cryptocurrencies while in office. Apparently, she’s not keen on officials moonlighting as crypto influencers or cashing in on digital coins while running the country. Shocking, I know.
According to Waters, this bill is all about keeping politicians’ hands out of the crypto cookie jar—no sneaky side hustles or “accidental” Bitcoin windfalls allowed. If you’re hoping for a dramatic showdown at Trump’s dinner tonight, you might just get your wish. 🍿
For the full scoop (and possibly some popcorn-worthy drama), check out Coingape.com.
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2025-05-23 01:59