Bill > S2284

This bill, known as the "Keep Your Coins Act of 2025," aims to prevent federal agencies from prohibiting or restricting individuals' use of convertible virtual currency (a type of digital money that can be exchanged for traditional currency) for personal purchases and transactions. Specifically, the bill would prevent federal agencies from interfering with a person's ability to use convertible virtual currency to buy goods and services or to manage their digital assets through a self-hosted wallet (a digital tool that allows individuals to independently control and transfer their digital currency). The bill defines convertible virtual currency as a medium of exchange that either has an equivalent value to traditional currency or acts as a substitute for currency, even if it doesn't have full legal tender status. A "covered user" is defined as any person who obtains convertible virtual currency to purchase goods or services for their own use, regardless of how they acquired the currency. The legislation is designed to protect individuals' freedom to use digital currencies for personal transactions without government intervention.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/2284/all-info