BlockBeats News, May 23rd, According to The Block, just hours before U.S. Democratic Party leader Representative Maxine Waters introduced a new bill aimed at addressing concerns over the President's involvement in digital assets, as President Trump hosted a lavish dinner to welcome TRUMP coin's major holders, calling for an end to "cryptocurrency corruption."
Waters and an additional 14 Democratic co-sponsors introduced the "Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025" on Thursday afternoon. The bill aims to prohibit the President, Vice President, members of Congress, and their immediate family members from "holding a proportion of digital assets sufficient to enable them to unilaterally alter a digital asset," among other provisions.
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