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HR 3573119th CongressIntroduced

Stop TRUMP in Crypto Act of 2025

Introduced: May 21, 2025
Financial ServicesTechnology & Innovation
Standard Summary
Comprehensive overview in 1-2 paragraphs

H.R. 3573, titled the Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025 (also billed as Stop TRUMP in Crypto Act of 2025), would create a comprehensive set of restrictions on digital asset activities for a defined group of high-ranking elected officials and their immediate family. The bill prohibits such “covered individuals” from owning digital assets in a way that could allow them to influence the asset, serving as an officer or owner of a digital asset issuer, issuing or promoting digital assets (and receiving compensation for sale, marketing, or mining) in the United States or to U.S. persons, and trading digital assets while in office if they possess material non-public information. It also blocks issuers that file with the SEC from transacting on behalf of a covered individual, imposes penalties modeled after existing criminal provisions, and includes strong anti-evasion rules that bar indirect or beneficial ownership arrangements through entities, trusts, or intermediaries. The definitions section casts a broad net over what counts as a digital asset and who qualifies as a covered individual. In short, the bill aims to remove potential financial conflicts of interest by restricting highly visible elected officials and their close family from owning or trading digital assets and from benefiting from digital-asset activities, while also tightening control over indirect holdings and how intermediaries must interact with these officials.

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