DemocratBill · S. 1668· Senate(119-S-1668)

End Crypto Corruption Act of 2025

Rep. Merkley
Age: 70 years
Oregon
Introduced
5/7/2025
Last activity
5/8/2025 — Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 71.
Sponsored by
Jeff Merkley
Cosponsors
Democrat - 24Republican - 0
Government Operations and Politics
  1. Introduced
  2. On Calendar

What this bill would do

The "End Crypto Corruption Act of 2025" aims to prohibit specific high-ranking officials from engaging in certain financial transactions. These "covered individuals" include the President, Vice President, Members of Congress, and individuals in Senate-confirmed positions. The bill bans the issuance, sponsorship, or endorsement of digital assets like cryptocurrencies, meme coins, and NFTs. These prohibitions apply to the officials, their spouses, and their dependent children during their service and for one year after leaving office. The Act also establishes civil and criminal penalties for violations of these rules.

Yes

  • Does this make what the government does easier for the public to see?+6

    The bill imposes strict prohibitions and penalties to prevent corruption among high-ranking officials.

  • Does this make the government pay for what it commits to?+5

    The bill requires violators to disgorge profits to the U.S. Treasury.

The opposite

  • Would high-income households be better off under this?-3

    The bill imposes significant financial penalties and criminal risks on high-ranking officials and their families.