California Congressman Ro Khanna has proposed a resolution banning politicians from issuing and trading digital assets

On November 1st, California Democrat Ro Khanna introduced and is promoting a resolution to support House legislation banning the issuance, sponsorship, or endorsement of digital assets (including cryptocurrencies, memes, stablecoins, tokens, NFTs, digital trading cards, and DeFi platforms) by the President, Vice President, members of Congress, candidates for public office, government officials, senior executive branch employees, and special government employees, as well as their immediate family members.
The resolution also advocates for requiring elected officials, candidates and their immediate family members to transfer their digital assets to a blind trust that cannot be accessed for two years after a politician runs for office, takes office and leaves office. The resolution also supports requiring politicians, candidates and their families to "fully and promptly disclose all cryptocurrency transactions."
According to reports, the resolution is unlikely to pass the House of Representatives because the Republicans currently hold a majority of seats in the House. In addition, even if the resolution passes, it will require a legislative process to incorporate the content of the resolution into law.