HR4841-118

Reported

To prohibit Federal agencies from restricting the use of convertible virtual currency by a person to purchase goods or services for the person’s own use, and for other purposes.

118th Congress Introduced Jul 25, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To prohibit Federal agencies from restricting the use of convertible virtual currency by a person to purchase goods or services for the person’s own use, and for other purposes., changes federal law or congressional policy affecting immigrants, border agencies, and immigration-service providers. The main policy domain is Immigration, Government Operations.

Who Benefits and How

immigrants, border agencies, and immigration-service providers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, immigrants, border agencies, and immigration-service providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H115EBCD226CD46B3A8B85A66E3A97EA9: 1. Short title This Act may be cited as the Keep Your Coins Act of 2023.
  • Section HF0D82147029447A8A4629AAEF7A39715: 2. Prohibition on restricting use of convertible virtual currency by a person to retain full control over convertible virtual currency The head of a Federal...

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

This bill, To prohibit Federal agencies from restricting the use of convertible virtual currency by a person to purchase goods or services for the person’s own use, and for other purposes., changes federal law or congressional policy affecting immigrants, border agencies, and immigration-service providers.

Key Policy Areas

Immigration, Government Operations

Primary Purpose

This bill, To prohibit Federal agencies from restricting the use of convertible virtual currency by a person to purchase goods or services for the person’s own use, and for other purposes., changes federal law or congressional policy affecting immigrants, border agencies, and immigration-service providers.

Policy Domains

Immigration Government Operations

Whole bill

Identified Gains
  • immigrants, border agencies, and immigration-service providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: rh
immigrants, border agencies, and immigration-service providers: ,
Identified Costs
  • federal implementing agencies
  • immigrants, border agencies, and immigration-service providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: rh
federal implementing agencies: ,
immigrants, border agencies, and immigration-service providers: ,

Legislative Progress

Reported
Introduced Committee Passed
Dec 19, 2023

Reported with an amendment, committed to the Committee of the …

Jul 25, 2023

Mr. Davidson introduced the following bill; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Immigration Government Operations
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

Key Definitions

Terms defined in this bill

1 term
"self-hosted wallet" §HF0D82147029447A8A4629AAEF7A39715

a digital interface— used to secure and transfer convertible virtual currency

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