Stop TRUMP in Crypto Act of 2025
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This bill, titled the Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025, prohibits certain high-ranking government officials – including the President, Vice President, and Members of Congress – and their families from engaging in specific activities involving digital assets. These activities include owning a significant portion of a digital asset that allows them to control it, serving as an officer or owner of a digital asset issuer, receiving compensation for promoting or trading digital assets while in office with non-public information, or using intermediaries to conceal their involvement. The bill also aims to prevent indirect participation through entities like trusts to avoid these restrictions.
Key provisions
- Prohibits covered individuals (President, VP, Congress Members and their families) from owning a controlling stake in digital assets.
- Prevents covered individuals from serving as officers, directors, or owners of digital asset issuers.
- Restricts receiving compensation for promoting or trading digital assets while in office with non-public information.
- Outlaws trading digital assets while in office with material non-public information.
- Prohibits the use of intermediaries (trusts, corporations) to circumvent restrictions on digital asset activities.
- Defines ‘digital asset’ broadly to include various forms of crypto, such as stablecoins, NFTs, and DeFi tokens.
- Establishes penalties, including fines and imprisonment, for violations of the bill.
- Requires digital asset issuers to not issue or sell assets on behalf of covered individuals.
Bill text
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Sponsors
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33 on record
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Cosponsors
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