On May 23rd, COINOTAG News reported that U.S. Democratic Party leader, Representative Maxine Waters, has taken a proactive stance by introducing a pivotal bill aimed at enhancing regulatory oversight in the cryptocurrency sector. This legislation comes on the heels of President Trump’s extravagant dinner, where he engaged with significant holders of **TRUMP coin** while vocalizing his concerns over “cryptocurrency corruption.” The newly proposed “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025” has gained support from an impressive coalition of 15 Democratic co-sponsors. The bill seeks to establish stringent regulations by preventing the President, Vice President, and members of Congress, along with their families, from possessing a substantial stake in digital assets. This initiative is designed to mitigate conflicts of interest and protect the integrity of the financial markets amid a rapidly evolving digital landscape.
Source: https://en.coinotag.com/breakingnews/trump-coin-takes-center-stage-as-waters-proposes-bill-to-curb-cryptocurrency-corruption/