This bill prevents elected officials from engaging in certain financial activities involving digital assets while they serve. It ensures that they cannot profit from investments that may conflict with their public duties.
If you are an elected official, you must put your digital investments in a blind trust to avoid conflicts of interest.
Who this affects
President · Senators · Representatives
What changes is this bill making?
1This bill stops certain elected officials from trading digital assets during their time in office.
2It applies to candidates running for federal office and those currently serving.
3Covered individuals must place their digital assets in a qualified blind trust.
4The trust must be approved by an ethics office and managed without the individual's input.
5These rules aim to prevent conflicts of interest in financial transactions.
