According to online reports, 20 Democratic senators in the United States jointly proposed the "End Crypto Corruption Act of 2025"(called the "End Cryptocurrency Corruption Act of 2025" in Chinese), which intends to 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 Meme coins previously issued by former President Trump and his wife Melania (TRUMP recently fell 5.15%), and may affect Elon Musk, who serves as special adviser to the Department of Government Efficiency (DOGE). The proposal stipulates that violators will face fines or imprisonment, with a binding period covering term and one year after leaving office. The current bill allows normal cryptocurrency transactions, but clearly prohibits official endorsements. The move stems from Democratic dissatisfaction with the Republican-led stablecoin bill, which was criticized for refusing to compromise on anti-money laundering and foreign investment regulatory provisions. In addition, Democratic lawmakers recently questioned the involvement of the WLD1 stablecoin issued by the Trump family in cooperation with Binance in the US$2 billion Abu Dhabi Investment Agreement and called for strengthened review. Senator Slotkin of Michigan, co-sponsor of the bill, said: "It is more urgent to prevent the president from making profits through issuing personal currency than broad regulation."