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New York Bill Targets Officials Profiting from Cryptocurrency

5/28/2025

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Summary

Story summary

New York State Sen. Zellnor Myrie is taking a bold stand against corruption by proposing a bill that would prevent state officials, including President Trump, from profiting off cryptocurrency while in office. Introduced on May 21, this legislation aims to tackle ethical concerns, with violators facing hefty fines of up to $50,000 each day.

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Story summary

New York State Sen. Zellnor Myrie is taking a bold stand against corruption by proposing a bill that would prevent state officials, including President Trump, from profiting off cryptocurrency while in office. Introduced on May 21, this legislation aims to tackle ethical concerns, with violators facing hefty fines of up to $50,000 each day.