Bitcoin Magazine House Democrat Targets President Trump With Bill to Ban Lawmakers From Owning Crypto

U.S. Congressman Ro Khanna (D-CA) is introducing legislation that would prohibit the U.S. President, members of Congress, and their immediate families from owning, trading, or creating cryptocurrencies while in office, according to MSNBC reporting.

Khanna’s bill would mark the first major attempt to separate digital assets from political power.

Early details indicate the measure will bar elected officials and their families from holding or issuing cryptocurrencies and from accepting foreign-backed crypto investments.

The California lawmaker said the initiative aims to rebuild public trust and prevent policymakers from profiting off the very technologies they regulate.

Trump’s Changpen

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