{"id":623908,"date":"2026-07-03T19:52:52","date_gmt":"2026-07-03T19:52:52","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/03\/us-senator-calls-for-ban-on-elected-officials-issuing-memecoins\/"},"modified":"2026-07-03T19:52:52","modified_gmt":"2026-07-03T19:52:52","slug":"us-senator-calls-for-ban-on-elected-officials-issuing-memecoins","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/03\/us-senator-calls-for-ban-on-elected-officials-issuing-memecoins\/","title":{"rendered":"US senator calls for ban on elected officials issuing memecoins"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/trump-memecoin-1.jpg\" alt=\"US senator calls for ban on elected officials issuing memecoins\" class=\"type:primaryImage\" \/><\/p>\n<p>The restriction proposed by Senator Kirsten Gillibrand would bar members of Congress, the US president and their spouses from \u201cissuing or sponsoring their own digital assets.\u201d<\/p>\n<p>Senator Kirsten Gillibrand, one of the US lawmakers behind negotiations for a digital asset market structure bill in Congress, has proposed barring elected officials and the president from issuing or sponsoring their own tokens, citing President Donald Trump\u2019s and First Lady Melania Trump\u2019s memecoins.<\/p>\n<p>In a Friday notice, Gillibrand <a href=\"https:\/\/www.gillibrand.senate.gov\/news\/press\/release\/gillibrand-calls-to-ban-trump-and-elected-officials-from-issuing-memecoins\/\">said<\/a> that Congress should support measures barring elected officials and their spouses from \u201cissuing or sponsoring their own digital assets.\u201d The New York lawmaker said that the proposed restriction would include any US president and their spouse, but did not specifically mention extending the provision to the office of the vice president or other members of their families.\u00a0<\/p>\n<p>\u201cThis is a commonsense requirement that should get broad bipartisan support \u2013 public officials and their spouses should not be issuing memecoins,\u201d said Gillibrand. \u201cWe cannot let self-dealing destroy an opportunity to strengthen consumer protections, crack down on illicit finance, and expand economic opportunity for the millions of Americans our financial system has left behind.\u201d<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/us-senator-ban-elected-officials-memecoins\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The restriction proposed by Senator Kirsten Gillibrand would bar members of Congress, the US president and their spouses from \u201cissuing or sponsoring their own digital assets.\u201d Senator Kirsten Gillibrand, one of the US lawmakers behind negotiations for a digital asset market structure bill in Congress, has proposed barring elected officials and the president from issuing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":623909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-623908","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/623908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=623908"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/623908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/623909"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=623908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=623908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=623908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}