Representative Waters Proposes Bill Restricting Political Crypto Holdings

US Representative Maxine Waters has introduced a new bill aimed at curbing political influence in cryptocurrency markets. The proposed legislation, titled ‘Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025′, seeks to limit high-ranking officials’ ability to hold digital assets that could compromise their decision-making power. This follows President Trump’s recent promotion of his own token, TRUMP coin, which has attracted regulatory scrutiny.