U.S. lawmaker plans bill to ban crypto trading for president, politicians

U.S. Representative Ro Khanna of California plans to introduce a bill that would ban cryptocurrency trading by the president, the president's family, and members of Congress, BeInCrypto reported. Khanna explained the rationale for the proposed legislation, stating that a sitting president is enriching himself and his family with an unprecedented accumulation of wealth in U.S. history. He described the situation as corruption happening in plain sight. The specific details of the bill have not yet been disclosed.