US Representative Ro Khanna announced plans to introduce legislation aimed at stopping elected officials — including US President Donald Trump, members of Congress and their families — from trading or creating cryptocurrencies and from taking certain foreign funds.

The move comes amid renewed scrutiny over political ties to the crypto industry and follows high-profile developments this year that have focused attention on possible conflicts of interest.

Khanna Announces New Measure Vs. Trump Crypto Trading

Khanna said the proposal would bar the president, his family, members of Congress and other elected officials from owning, issuing or trading crypto while in office.

He tied the push to what he called a troubling series of events involving crypto executives and presidential action

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