According to Eleanor Terrett, Rep. Ritchie Torres (D-NY) is introducing a bill that would prohibit federal officials and their immediate family members from profiting from meme coins and stablecoins, aiming to increase transparency and reduce conflicts of interest in crypto markets. This move could increase regulatory scrutiny and potentially impact liquidity and trading volumes for meme coins and stablecoins, as institutional and high-profile participation may decrease if the bill passes. Traders should monitor regulatory developments closely, as changes could affect volatility and sentiment in these segments of the crypto market (Source: Eleanor Terrett, Twitter).