According to Cryptonews, California Democratic Senator Adam Schiff proposed the COIN Act on Monday, which aims to prohibit the President, Vice President, and their immediate family members from engaging in any cryptocurrency related business activities during their term of office. The bill explicitly prohibits the issuance, sponsorship, or endorsement of encrypted assets, including memes, NFTs, and stablecoins, and requires disclosure of digital asset transactions worth over $1000. Violators will face equivalent fines and up to 5 years in prison. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44461