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Ban Foreign Interference in Crypto Markets
Recent Bills/Ban Foreign Interference in Crypto Markets

Ban Foreign Interference in Crypto Markets

IntroducedN/A
Passed House1 year ago
Intro
Senate
House
Pres
Passed/agreed to in House
Why This Matters

This bill prevents foreign adversaries from interfering in U.S. digital commodity markets by banning their platforms from operating here.

If you trade cryptocurrencies, this bill could help keep foreign entities from influencing the market.
Who this affects
Cryptocurrency traders · Digital commodity brokers
What changes is this bill making?
  1. 1This bill prohibits foreign adversaries from registering digital commodity platforms in the United States.
  2. 2It defines digital commodities to include cryptocurrencies and similar virtual currencies.
  3. 3The bill outlines who qualifies as a foreign adversary and what entities are covered under this definition.
  4. 4It establishes rules for digital commodity brokers and custodians, detailing their roles in transactions.
  5. 5The legislation aims to protect U.S. digital commodity markets from foreign influence.
Read the detailed summary

Accelerating Networking, Cyberinfrastructure, and Hardware for Oceanic Research Act or the ANCHOR Act This bill requires the National Science Foundation (NSF) to develop a plan to improve the cybersecurity and telecommunications capabilities of the U.S. Academic Research Fleet (ARF). ARF is comprised of U.S.-flagged vessels that provide at-sea laboratories where oceanographic scientists, educators, and students research and learn about marine science. The bill requires the plan to include assessments oftelecommunications and networking needs of ARF, consistent with typical scientific missions; cybersecurity needs appropriate for the operation of ARF vessels and their specific research functions; the costs necessary to meet these needs; the time required to implement necessary upgrades; andopportunities for the adoption of common solutions or consortial licensing agreements, or for the centralization of cybersecurity, telecommunications, or data management at a single facility. The plan must also include a spending plan for the NSF, the Office of Naval Research, nonfederal owners of ARF vessels, and users of the vessels to cover identified costs. Among other factors specified in the bill, the NSF must consider, as appropriate, the network capabilities necessary to meet mission needs (e. g., to upload data to cloud-based or shoreside servers), international standards and guidance for information security, and requirements for controlled unclassified or classified information. The plan must be provided to Congress within 18 months of the bill's enactment, and the NSF must later report to Congress on the plan's implementation.

Bill Progress4 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedFeb 12, 2025
Sponsors
See all 6 sponsors
Senate
HouseMay 20, 2025
PresidentCurrent

Passed/agreed to in House

The President

Donald Trump
President
Awaiting Signature
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