Prohibits the President, Vice President, Members of Congress, and Senate-confirmed officials from issuing, sponsoring, or endorsing cryptocurrencies, meme coins, and other digital assets sold for payment, including through derivatives or funds, and sets civil and criminal penalties for violations.

Official title: End Crypto Corruption Act of 2025

Next stop Senate floor: awaiting a vote

Timeline each lane is a chamber; dates pull from congress.gov actions

Senate

Introduced 07-MAY-2025

On the calendar 07-MAY-2025

Key points

Covers the President, Vice President, Members of Congress, Senate-confirmed officials, and certain White House special government employees, along with their spouses and dependent children.
Applies during the covered person's service and for one year after service ends.
Allows the Attorney General to sue for a civil penalty of up to 10 percent of the financial interest or gain involved, whichever is greater, and requires disgorgement of profits.
Makes knowing violations a crime punishable by up to 5 years in prison and a fine when the violation causes at least $1,000,000 in losses or yields financial benefit, and sets separate bribery penalties; criminal liability does not require intent to create the financial interest.

AI-generated from the Placed on Calendar Senate text of 08-MAY-2025 · verify · report an error

Official CRS summary

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Committee referrals (0)

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Policy area

Government Operations and Politics

Sponsor Jeff Merkley (D-OR) Cosponsors · 25

■ 24 D■ 1 I

24 Democrats

1 Independent