New York State Assemblyman Submits Bill to Prevent Federal Employees from Profiting from Meme Coins and Stablecoins
JH Kim
Summary
- New York State Assemblyman Ritchie Torres has submitted a bill to prevent federal employees and their immediate families from profiting from meme coins and stablecoins.
- The bill is seen as an attempt to strengthen regulations on virtual asset transactions by federal employees.
- This bill is evaluated as an additional measure to maintain fairness in the virtual asset market.
Crypto in America host Eleanor Terrett reported on the 7th (local time) via X (formerly Twitter) that New York State Democratic Assemblyman Ritchie Torres has submitted a bill to prevent federal employees and their immediate families from profiting from meme coins and stablecoins.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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