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Introduced

SB3229: A 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.

: Ted Budd (R-US) : May 25, 2026 Updated: Nov 6, 2023
Finance and financial sector
Bill ProgressIntroduced
  1. 1Introduced (current step)
  2. 2Passed One Chamber
  3. 3Passed Both Chambers
  4. 4Became Law

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Bill information

Summary

A 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.

Plain-language summary

This bill would prevent federal agencies from banning or restricting people's use of convertible virtual currency—such as Bitcoin or other cryptocurrencies that can be exchanged for regular money—when buying goods or services for personal use. The bill applies rules across all federal agencies to ensure they cannot prohibit such transactions. The bill was recently introduced in Congress and has not yet been assigned to a for review.

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SB3229: A bill to prohibit Federal agencies from restricting the use of convertible vir…

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