Federal agencies would be prohibited from restricting individuals from using cryptocurrency — specifically convertible virtual currency — to buy goods or services for their own personal use under the Keep Your Coins Act of 2025. The bill also bars federal agencies from preventing people from storing their cryptocurrency in a self-hosted wallet, meaning a digital account they control directly without going through a bank or exchange. The restrictions apply only to federal agencies, not private companies. The bill defines covered users broadly to include anyone who obtained cryptocurrency for personal purchases regardless of how they acquired it.
Congressional Summary
This bill prohibits federal agencies from restricting a person's use of convertible virtual currency for their own purposes or to conduct transactions through a self-hosted wallet.
Details
- Congress
- 119th
- Chamber
- Senate
- Status
- summarized
- Action
- Introduced in Senate
- Action Date
- 2025-07-15
- Date Added
- 2026-04-19
- Source
- Congress.gov →
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