10
6

Stop TRUMP in Crypto Act of 2025

6/2/2025, 2:26 PM

Summary of Bill HR 3573

H.R. 3573 of the 119th Congress, introduced on May 21, 2025, aims to establish digital asset prohibitions concerning elected Government officials and addresses other related purposes.

Congressional Summary of HR 3573

Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025 or the Stop TRUMP in Crypto Act of 2025

This bill prohibits certain government officials and their families from engaging in specified activities involving digital assets (including financial contracts, products, or instruments that derive their value from a digital asset). 

Specifically, the President, the Vice President, and Members of Congress (and their spouses, children, and children's spouses) are prohibited from

  • owning a proportion of such an asset that allows the individual to unilaterally make changes to the asset;
  • serving as an officer, director, or owner of an asset issuer;
  • issuing, sponsoring, promoting, or receiving any direct or indirect compensation for the sale, marketing, or mining of such an asset in the United States or to a person in the United States; or
  • trading assets while the official is in office if the individual has material non-public information about such assets.

The bill also prohibits indirect engagement in such activities through intermediaries such as trusts or corporations or through other arrangements intended to conceal the individual’s beneficial ownership or control.

Individuals who violate this bill are subject to penalties including fines and imprisonment.

Current Status of Bill HR 3573

Bill HR 3573 is currently in the status of Bill Introduced since May 21, 2025. Bill HR 3573 was introduced during Congress 119 and was introduced to the House on May 21, 2025.  Bill HR 3573's most recent activity was Referred to the House Committee on Financial Services. as of May 21, 2025

Bipartisan Support of Bill HR 3573

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
15
Democrat Cosponsors
15
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3573

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 3573

Stop TRUMP in Crypto Act of 2025
Stop TRUMP in Crypto Act of 2025
Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025
To establish certain digital asset prohibitions with respect to elected Government officials, and for other purposes.

Comments