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U.S. Senator Proposes Ban on Elected Officials and the President Issuing or Sponsoring Personal Tokens
Svmuu News: U.S. Senator Kirsten Gillibrand has proposed a ban on elected officials and the president issuing or sponsoring their own tokens. In a statement, Kirsten Gillibrand said Congress should support measures to prohibit elected officials and their spouses from issuing or sponsoring their own digital assets. This restriction would cover all U.S. presidents and their spouses, though it is unclear whether it would extend to the vice president or their family members. Gillibrand is one of the lawmakers behind the Senate’s “Digital Asset Market Transparency Act,” which has been delayed multiple times due to concerns regarding ethics, tokenization, and stablecoin incentives.
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