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Bill > HR4841


US HR4841

US HR4841
Keep Your Coins Act of 2023


summary

Introduced
07/25/2023
In Committee
07/27/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To prohibit Federal agencies from restricting the use of convertible virtual currency by a person to purchase goods or services for the person’s own use, and for other purposes.

AI Summary

This bill, titled the "Keep Your Coins Act of 2023," prohibits federal agencies from restricting the use of convertible virtual currency (a medium of exchange that has an equivalent value as currency or acts as a substitute for currency) by a person to purchase goods or services for their own use. Specifically, the bill prevents federal agencies from prohibiting, restricting, or impairing a covered user's (a person who obtains convertible virtual currency to purchase goods or services on their own behalf) ability to use convertible virtual currency or its equivalent for their own purposes, such as purchasing real or virtual goods and services, or to self-custody digital assets using a self-hosted wallet (a digital interface under which the owner retains independent control over the convertible virtual currency).

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Placed on the Union Calendar, Calendar No. 262. (on 12/19/2023)

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