Bill · S. 2284· Senate(119-S-2284)
Keep Your Coins Act of 2025
- Introduced
- 7/15/2025
- Last activity
- 7/15/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Ted Budd
- Cosponsors
- - 2 - 0
- Introduced
- In Committee
What this bill would do
The ``Keep Your Coins Act of 2025'' aims to prevent Federal agencies from interfering with how people use virtual currency. It specifically prohibits agency heads from restricting a person's ability to use convertible virtual currency to buy goods or services for themselves. Additionally, the bill stops agencies from restricting the use of self-hosted wallets for conducting lawful transactions. This is intended to ensure individuals retain control over their digital assets.
Yes· 3 of 9
Does this protect people from being watched or searched?+3
Supports individual control and self-custody of digital assets.
Would people in their twenties and thirties be better off under this?+2
Supports digital asset usage which is prevalent among younger demographics.
Would business owners be better off under this?+2
Enhances freedom for digital commerce and asset management.
The opposite
Does this give the federal government more power?-4
Curtails the power of Federal agencies to oversee digital assets.
Does this put more rules on large technology companies?-3
Reduces the ability of agencies to regulate digital asset usage.
Does this give people more protection from unfair business practices?-2
Reduces regulatory oversight that may prevent fraud or financial instability.
Who it would affect, and how
Potential Positive Impacts for People
-
Freedom to Purchase Goods and Services: Under Section 2(a)(1), the bill prevents Federal agencies from restricting a person's ability to use convertible virtual currency to purchase real or virtual goods and services for their own use. This ensures individuals can use their digital assets for personal transactions without agency interference.
-
Control Over Digital Assets: Section 2(a)(2) prohibits agencies from restricting a person's ability to self-custody digital assets using a self-hosted wallet for any lawful purpose. This allows individuals to maintain independent control over their currency through a digital interface.
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+2Good For Young Adults+2Good For Billionaires+1Good For High Income Households+1Good For High Net Worth Individuals+1Good For Middle Class Households+1Good For Ultra High Net Worth Individuals+1
- Education And Technology
- Increases Big Tech Regulation-3
- Governance And Ideology
- Improves Privacy Rights+3Increases Federal Power-4
- Economy And Finance
- Improves Economic Growth+2Improves Consumer Protection-2
- 1/12/2026
- 1 Cosponsor added.
- 7/15/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 1 Cosponsor added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Cynthia LummisRepublican · Wyoming
Mike LeeRepublican · Utah