Twenty Democratic senators in the United States have jointly proposed the "End Crypto Corruption Act of 2025" (known in Chinese as the "End Crypto Corruption Act of 2025"), which would prohibit the president, vice president, members of Congress, cabinet members and their spouses and children from issuing or promoting cryptocurrencies and other digital assets to prevent conflicts of interest. The proposal specifically names the Meme coin previously issued by former President Trump and his wife Melania (TRUMP recently fell 5.15%), and could affect Elon Musk, who is a special adviser to the Department of Government Effectiveness (DOGE). The proposal stipulates that violators will face fines or imprisonment, with a binding period covering the term of office and one year after leaving office. The current bill allows normal cryptocurrency transactions, but explicitly prohibits official endorsements. The move stems from Democrats' dissatisfaction with the Republican-led stablecoin bill, which has been criticized for refusing to compromise on anti-money laundering and foreign investment regulations. In addition, Democratic lawmakers recently questioned the involvement of the WLD1 stablecoin, issued by the Trump family in partnership with Binance, in the $2 billion Abu Dhabi Investment Agreement, calling for greater scrutiny. "Preventing the president from profiting from issuing his personal currency is more urgent than broad regulation," said Michigan senator Slotkin, who co-sponsored the proposal.