H.R. 148

Summary

H.R. 148, the Keep Your Coins Act of 2025, was introduced in the House on Jan 3, 2025 by Rep. Warren Davidson (R) with 3 co-sponsors. It was referred to Financial Services, and last saw action on Jan 3, 2025: Referred to the House Committee on Financial Services.

Record

Text

H.R. 148 has 3 co-sponsors.

119 HR 148 IH: Keep Your Coins Act of 2025
 U.S. House of Representatives
 2025-01-03
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 148  IN THE HOUSE OF REPRESENTATIVES   January 3, 2025   Mr. Davidson  introduced the following bill; which was referred to the  Committee on Financial Services    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.
1.
Short title
This Act may be cited as the   Keep Your Coins Act of 2025  .
2.
Prohibition on restricting use of convertible virtual currency by a person to retain full control over convertible virtual currency
(a)
In general
The head of a Federal agency may not prohibit, restrict, or otherwise impair the ability of a covered user to—
(1)
use convertible virtual currency or its equivalent for such user’s own purposes, such as to purchase real or virtual goods and services for the user’s own use; or
(2)
self-custody digital assets using a self-hosted wallet or other means to conduct transactions for any lawful purpose.
(b)
Definitions
In this section:
(1)
Convertible virtual currencies
The term  convertible virtual currency  means a medium of exchange that—
(A)
has an equivalent value as currency (as defined in section 1010.100 of title 31, Code of Federal Regulations (or successor regulations)); or
(B)
acts as a substitute for currency but may not possess all the attributes (including legal tender status) specified under such section 1010.100 (or successor regulations).
(2)
Covered user
The term  covered user  means a person that obtains convertible virtual currency to purchase goods or services on that person’s own behalf, without regard to the method in which such covered user obtained such convertible virtual currency.
(3)
Self-hosted wallet
The term  self-hosted wallet  means a digital interface—
(A)
used to secure and transfer convertible virtual currency; and
(B)
under which the owner of convertible virtual currency retains independent control over such convertible virtual currency that is secured by such digital interface.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Sponsors

Rep. Warren Davidson (R) sponsors H.R. 148, and 3 members have co-sponsored it.

Warren Davidson

Rep. · R–OH-8 · Sponsor

Introduced Jan 3, 2025

Nicholas Begich

Rep. · R–AK-0 · Co-sponsor

Joined Jun 3, 2025

Marjorie Greene

Rep. · R–GA-14 · Co-sponsor

Joined Sep 4, 2025

Thomas Massie

Rep. · R–KY-4 · Co-sponsor

Joined May 7, 2026

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Committees

H.R. 148 went before 1 committee: Financial Services.

Financial Services

Financial Services

Referred To · Jan 3, 2025 · 559 Bills

Actions

H.R. 148 has taken 2 actions since Jan 3, 2025.

Votes

H.R. 148 has not gone to a roll call.

Related bills

1 bill is related to H.R. 148, as Identical bill.

S 2284Keep Your Coins Act of 2025Jul 15, 2025 · Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · Identical bill

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Titles

H.R. 148 goes by 3 titles, 1 of them short titles.

• Keep Your Coins Act of 2025 — Display Title
• Keep Your Coins Act of 2025 — Short Title(s) as Introduced
• 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. — Official Title as Introduced

Lobbying

6 clients hired 7 firms and 27 registered lobbyists who named H.R. 148 in 34 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Financial Institutions/Investments/Securities, Taxation/Internal Revenue Code, Banking, Energy/Nuclear, Homeland Security, Commodities (big ticket), Science/Technology, Telecommunications.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 27.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files H.R. 148 under Finance and Financial Sector, one of its 31 policy areas, and gives it 3 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 148’s is Finance and Financial Sector.

Legislative Subjects

H.R. 148 carries 3 of CRS’s legislative subjects, from Bank accounts, deposits, capital to Digital media.

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 148, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 1 (Friday, January 3, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. DAVIDSON:H.R. 148.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the U.S. Constitution.The single subject of this legislation is:Digital asset protection.[Page H41]

Source: congress.gov · legiscan.com