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Democratic senator Adam Schiff introduced an account of June 23 on Stop the President, Vice President and their families to earn cryptocurrencies while in power.
A new proposalcalled Law on Revenue and Officering Officer (COIN)They would ban the best selected leaders in the country and their close family members to create, promote or support crypto currency, stabibeloids, tokens that are not bothering (NFT) or meme tokens.
It would also demand that reports to any sale of digital assets worth more than $ 1,000. If they violate these rules, they could face a fine of equal earned for up to five years in prison.
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In the video Posted on X 23. JuneSchiff said:
President Donald Trump’s Crypto Contributions launched significant ethical, legal and constitutional concerns about using the Office of the Presidency to enrich themselves and their family.
He added that stronger rules were needed to stop current and future presidents to use their position for personal gain.
Schiff too criticized the upcoming Stablecoin President Trump. He called him part of the “lucrative vaccination that happens in the White House” and said he showed why a ban was needed.
However, Schiff voted for An ingenious acta laws of a law that establishes a legal framework for issuing and trading stable stems in the United States, June 17th. This law prohibits the legislators and certain officials to trigger their stable bone but IT makes an exception to the President and Vice -President.
June 21, Texas Governor Greg Abbott signed Senate Bill 21, which officially established Texas Strategic Bitcoin
Btc
105.052,74 USD
Reserve. What does the law includes? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3 education, Aaron tries to transform the space the way we know it and make it more affordable to complete beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
