Elected federal officials face conflict-of-interest restrictions on stocks and traditional investments, but no specific federal rules currently cover cryptocurrencies. The Stop TRUMP in Crypto Act would bar the President, Vice President, members of Congress, and their immediate families (spouses, children, in-laws) from owning, sponsoring, promoting, or profiting from cryptocurrencies and other digital assets while in office. It would also block SEC-registered issuers from buying or selling digital assets on behalf of those officials. To stop end-runs through shell companies or relatives, the bill defines “beneficial owner” broadly and applies the same prohibitions to trusts, LLCs, and other intermediaries. Violations would be enforced under federal conflict-of-interest law — the same statute that governs bribery and improper compensation by public officials.
Transparency & Accountability
- Conflict-of-interest coverage — Extended to cover digital assets for President, VP, Members of Congress, and immediate family
- Anti-evasion reach — Prohibitions applied to trusts, LLCs, and other intermediaries used by covered officials
Congressional Summary
Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025 or the Stop TRUMP in Crypto Act of 2025This bill prohibits certain government officials and their families from engaging in specified activities involving digital assets (including financial contracts, products, or instruments that derive their value from a digital asset). Specifically, the President, the Vice President, and Members of Congress (and their spouses, children, and children's spouses) are prohibited fromowning a proportion of such an asset that allows the individual to unilaterally make changes to the asset;serving as an officer, director, or owner of an asset issuer;issuing, sponsoring, promoting, or receiving any direct or indirect compensation for the sale, marketing, or mining of such an asset in the United States or to a person in the United States; ortrading assets while the official is in office if the individual has material non-public information about such assets.The bill also prohibits indirect engagement in such activities through intermediaries such as trusts or corporations or through other arrangements intended to conceal the individual’s beneficial ownership or control.Individuals who violate this bill are subject to penalties including fines and imprisonment.
Details
- Congress
- 119th
- Chamber
- House
- Status
- summarized
- Action
- Introduced in House
- Action Date
- 2025-05-21
- Date Added
- 2026-05-27
- Source
- Congress.gov →
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