Keep Your Coins Act of 2025
Summary
What This Bill Does
The Keep Your Coins Act of 2025 limits federal agency authority over personal cryptocurrency use and self-custody. Agency heads may not prohibit, restrict, or impair a covered user's ability to use convertible virtual currency for the user's own lawful purposes, such as buying real or virtual goods and services, or to self-custody digital assets through a self-hosted wallet or similar means. A covered user is someone who obtains convertible virtual currency to buy goods or services on that person's own behalf. The bill protects individual custody and lawful transactional use while leaving other laws and enforcement questions outside this narrow protection.
Who Benefits and How
Individual cryptocurrency users benefit because federal agencies cannot bar lawful personal use of convertible virtual currency. Self-hosted wallet users benefit because self-custody of digital assets receives explicit statutory protection. Digital wallet developers benefit from stronger legal certainty around self-custody tools. Cryptocurrency merchants benefit if customers retain the ability to use convertible virtual currency for lawful purchases.
Who Bears the Burden and How
Federal financial regulators lose authority to impose broad restrictions on personal self-custody or lawful individual use. Anti-money-laundering enforcement offices may have less leverage over self-hosted wallet activity by covered users. Consumer protection agencies must distinguish lawful self-custody from fraud or illicit finance cases. Agencies considering digital-asset custody rules must avoid impairing covered users' protected conduct.
Key Provisions
- Prohibits federal agencies from restricting lawful personal use of convertible virtual currency.
- Protects self-custody of digital assets through self-hosted wallets.
- Defines covered users as people obtaining virtual currency for their own purchases.
- Limits agency interference with lawful self-hosted wallet transactions.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
Prohibits federal agencies from restricting covered users' lawful personal use of convertible virtual currency or self-custody of digital assets through self-hosted wallets.
Key Policy Areas
Digital Assets, Financial Regulation, Consumer Finance
Primary Purpose
Prohibits federal agencies from restricting covered users' lawful personal use of convertible virtual currency or self-custody of digital assets through self-hosted wallets.
Policy Domains
Resolution provisions
Identified Gains
- Cryptocurrency users
- Self-hosted wallet users
- Digital wallet developers
- Cryptocurrency merchants
Identified Costs
- Federal financial regulators
- Anti-money-laundering offices
- Consumer protection agencies
- Digital-asset rulemaking agencies
Sponsors
Legislative Progress
In CommitteeMr. Davidson introduced the following bill; which was referred to …
Referred to the House Committee on Financial Services.
Introduced in House
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology