Maxine Waters “Stop TRUMP in Crypto Act” Seeks Digital Asset Limits

Rep. Waters Targets Trump with Crypto Ban Bill

As President Trump was preparing for a private crypto dinner, Representative Maxine Waters unexpectedly introduced the "Stop TRUMP in Crypto Act" to prevent him and his family from benefiting financially from digital assets during his presidency.

Legislation was introduced Thursday by the leading Democrat Maxine Waters on the influential House Financial Services Committee, that would prohibit members of Congress, the president, the vice president, and their immediate family members from launching or owning their own cryptocurrency assets while in office. 

The purpose and intention of introducing the "Stop TRUMP in Crypto Act of 2025" was specifically directed against US President, who, along with his business partners, has made billions of dollars in unrealized gains on numerous digital asset ventures since returning to power. 

The law prohibits Trump from issuing, sponsoring, promoting, or profiting from the "sale, marketing, or mining or any digital asset in the United States" while he is in office. Additionally, it would prohibit him from trading any digital assets about which he possesses material non-public information while serving as president.   

First Lady Melania Trump introduced her own meme coin in the past six months, while Trump's sons, Don Jr. and Eric, have made significant investments in a variety of cryptocurrency firms. The president's spouse, children, and their spouses would also be subject to these regulations under the proposal. Along with Ranking Member Waters, 14 of the 23 other Democrats on the House Financial Services Committee are presently co-sponsoring the bill.

Representative are eying on Trump-Associated Crypto Ventures also

Melania memecoin and World Liberty Financial are direct ventures of the Trump family. The bill is being introduced as Trump's ties to cryptocurrency initiatives come under increasing scrutiny. The USD1 stablecoin, despite its recent Binance listing, currently operates without clear federal oversight, and few details about its structure have been released publicly.Furthermore, it has been reported that Trump's sons are associated with mining activities and are in favour of ideas for a national Bitcoin reserve. 

These endeavours were mentioned by Waters, which sparked worries about potential conflicts of interest and ethical risks. Politicians like Waters and other lawmakers have brought up such events as instances of politicians being overly involved in the Crypto Sapce

On the other Hand President Declares US Dominance in Bitcoin and Crypto 

According to the president, the United States will continue to dominate the cryptocurrency and Bitcoin markets.The American president has openly claimed US superiority in crypto already. Additionally, he has stated since the beginning of his campaign last year that he wants the United States to become the global centre of cryptocurrency. He made this statement ahead of his  dinner.

Final words

The debate about rules for cryptocurrency is getting stronger, and Waters “Stop TRUMP in Crypto Act” is adding new political conflict in this area.Supporters believe it is important to avoid conflicts of interest and keep public trust, while critics see it as a political attack on a specific person. Whereas Trump is pushing for America to lead in cryptocurrency and is planning private dinners about it, setting up a clash between rules and his goals. As more lawmakers get involved, the future of cryptocurrency laws in the U.S.is still unclear and very debated.