In hours leading to the Trump crypto dinner, US Representative Maxine Waters has introduced a new bill aimed at restricting digital asset activities by top US officials. The bill, titled the “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025” or the “Stop TRUMP in Crypto Act,” directly addresses concerns over political figures engaging in cryptocurrency ventures while in office.
Maxine Waters Proposes ‘Stop TRUMP in Crypto Act’
Maxine Waters’ proposed legislation was announced just hours before a private Donald Trump-hosted crypto dinner. It seeks to prohibit the president, vice president, and members of Congress—as well as their immediate family members—from issuing, owning, or promoting cryptocurrencies during their time in office.
According to Maxine Waters, the crypto bill is designed to prevent public officials from using their political influence to benefit financially from digital assets. It would ban officials from receiving any direct or indirect compensation from the marketing, mining, or trading of digital currencies in the US.
The bill also aims to prevent the trading of digital assets when a government official holds material non-public information. Waters stated,
“Trump’s crypto con is not just a scam to target investors; it’s also a dangerous backdoor for selling influence.”
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Kelvin Munene Murithi
Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.
