A bill aimed at prohibiting elected officials from trading cryptocurrency or stocks, including the President, members of Congress, and their families, has been introduced by US Rep. Ro Khanna. This legislation seeks to prevent potential conflicts of interest and restore public trust in U.S. lawmakers. The ban would apply to all types of financial assets, covering both direct trades and those through blind trusts or family members’ names. Rep. Khanna emphasizes that elected officials should prioritize serving the public over their investments. This proposal follows increasing scrutiny of lawmakers profiting from trading sensitive information related to legislative developments. The bill has sparked debate regarding its potential impact on the crypto market in the US, with some seeing it as a step toward greater transparency and fairness while others fear it could discourage qualified individuals from entering public service.