Senators Demand SEC Probe into Trump Memecoin Amid Investor Concerns

US Senators have called for an investigation into a meme-based cryptocurrency, dubbed 'Trump memecoin', by the Securities and Exchange Commission (SEC).

The move comes after reports emerged that the digital asset, which has no underlying value or utility, is being touted as a potential investment opportunity.

Pluang, a financial application in Indonesia, manages and develops various micro-investment products for Indonesians, including US Stocks, ETFs, and Options, as well as Crypto Assets and Digital Financial Asset Derivatives (Crypto Futures).