Ban Crypto Corruption Resolution

Q: What does Bill HRES-849 do?

Resolution calls for restrictions and disclosures on digital asset activities by public officials and their families.

Q: What stage is Bill HRES-849 at?

Bill HRES-849 is at Referred to the Committee on Financial Services, and in addition to the Committees on Oversight and Government Reform, House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of October 31, 2025.

Summary#

This resolution expresses support for legislation restricting cryptocurrency and other digital asset activities by senior public officials, candidates, and their immediate families. It calls for bans on issuing or promoting digital assets, blind trusts for assets already held, limits on foreign investment, transaction disclosures, penalties for violations, and treating prohibited actions as unofficial acts. The resolution itself does not establish these requirements.

What it means for you#

The resolution calls on Congress to consider legislation. It does not itself change rules for public officials or members of the public.

Expenses#

No publicly available information.

Proponents' View#

The resolution says these measures would address conflicts of interest, personal enrichment, and foreign influence related to officials' digital asset activities.

Opponents' View#

No publicly available information.

Bill HRES-849, Ban Crypto Corruption Resolution, resolution calls for restrictions and disclosures on digital asset activities by public officials and their families. It is at Referred to the Committee on Financial Services, and in addition to the Committees on Oversight and Government Reform, House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of October 31, 2025. Sponsored by Ro Khanna (D), Yassamin Ansari, Cleo Fields, James McGovern, Eleanor Norton, Brad Sherman, Adam Smith, Rashida Tlaib, Paul Tonko, and Bonnie Watson Coleman.

H.Res.849

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119th Congress of United States

Topics

Social Issues Economics Technology and Innovation

Timeline

Oct 31, 2025

Referred to the Committee on Financial Services, and in addition to the Committees on Oversight and Government Reform, House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.