#MEMEAct MEME Act (Modern Emoluments and Malfeasance Enforcement Act) is a bill proposed by Senator Chris Murphy (D-Conn.) and Representative Sam Liccardo (D-Calif.) on May 6, 2025. The bill aims to prohibit the President, Vice President, members of Congress, and their families from issuing, promoting, or benefiting from digital assets such as meme coins and stablecoins. The goal is to prevent the abuse of public power for personal gain in the cryptocurrency field, especially after former President Donald Trump and his family were accused of profiting hundreds of millions of USD from crypto projects like $TRUMP coin and World Liberty Financial.

However, the likelihood of the MEME Act passing is limited due to Congress currently being controlled by the Republican Party. Nevertheless, the bill has sparked a debate about ethics and transparency in the relationship between politics and cryptocurrency, which may lead to stricter regulations on the crypto market in the future.