Meme coins are a form of cryptocurrency with ironic or humorous appeal due to a connection to internet memes. President ...

Also Tuesday, Sen. Chris Murphy introduced legislation to "prevent corrupt federal officials from using their position to profit off digital assets such as meme coins." "The Trump meme coin is the ...

a direct shot at Trump’s rollout of a satirical meme coin tied to a political gala in Washington, D.C. Murphy said the measure is meant to prevent a situation where “very powerful, very rich ...

The legislation by Murphy and the inquiry by Blumenthal were sparked after ethical and national security concerns over the coin were raised.