Bill · H.Res. 849· House(119-HRES-849)
Ban Crypto Corruption Resolution
- Introduced
- 10/31/2025
- Last activity
- 10/31/2025 — Referred to the Committee on Financial Services, and in addition to the Committees on Oversight and Government Reform, House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Sponsored by
- Ro Khanna
- Cosponsors
- - 9 - 0
- Introduced
- In Committee
A House resolution is the House speaking for itself: stating a position, honouring someone, or setting its own rules. Adopting it is the whole process. Once the House agrees to it, it is officially the House's word; it is not a law, so the Senate and the President have no part in it.
What this bill would do
This resolution may be cited as the Ban Crypto Corruption Resolution. The text calls to ban the use of public office for personal enrichment through cryptocurrency ventures. It also calls for measures to prevent conflicts of interest and foreign influence in politicians' digital asset activities. Furthermore, the document outlines several specific areas where the House of Representatives supports future legislation. These supported measures target officials, candidates, and their immediate families regarding digital assets.
Yes
Does this make what the government does easier for the public to see?+8
The resolution promotes government integrity by calling for full transparency and bans on personal enrichment through crypto ventures.
Does this give the federal government more power?+5
The resolution proposes restrictions and disclosure requirements on elected officials regarding digital assets.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Ban on Issuing Digital Assets: Section (1) supports legislation to prohibit the President, Vice President, Members of Congress, candidates, elected officials, high-ranking executive branch employees, special government employees, and their immediate families from issuing, sponsoring, or endorsing digital assets. This could be considered positive because it aims to prevent officials from using their power for personal enrichment through cryptocurrency ventures.
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Blind Trust Requirement: Section (2) supports requiring the President, Vice President, Members of Congress, candidates, elected public officials, and their immediate families to place any held digital assets in a qualified blind trust that is inaccessible during their service and for two years after. This might be considered positive as it helps prevent conflicts of interest.
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Ban on Foreign Investment: Section (3) supports prohibiting foreign investment in any digital assets issued, promoted, or controlled by these officials, candidates, and their immediate families. This could be viewed as positive because it works to prevent foreign influence in politicians' digital asset activities.
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Full Disclosure: Section (4) supports mandating the full and timely disclosure of all cryptocurrency transactions by these officials, candidates, and their immediate families. This is a positive step for accountability so the people can see what transactions are happening.
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Penalties and Clarifications: Sections (5) and (6) support establishing civil and criminal penalties for violations and clarifying that any actions violating the requirements are considered unofficial acts. This might be considered positive because it holds officials accountable for breaking the rules.
Potential Negative Impacts for People
Based on the provided text, there are no explicitly stated potential negative impacts, burdens, or consequences for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Improves Government Transparency+8Increases Federal Power+5
- 10/31/2025
- Submitted in House
- Referred to the Committee on Financial Services, and in addition to the Committees on Oversight and Government Reform, House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 9 Cosponsors added.
Yassamin AnsariDemocrat · Arizona
Cleo FieldsDemocrat · Louisiana
James McGovernDemocrat · Massachusetts
Eleanor NortonDemocrat · District of Columbia
Brad ShermanDemocrat · California
Adam SmithDemocrat · Washington
Paul TonkoDemocrat · New York
Rashida TlaibDemocrat · Michigan
Bonnie Watson ColemanDemocrat · New Jersey