Cosponsored a bill on 2025-04-01
Bill Name
Prohibiting Foreign Adversary Interference in Cryptocurrency Markets Act
Details
This bill amends the Commodity Exchange Act to prohibit digital commodity platforms owned or established by entities from foreign adversary nations from registering or operating in the United States. It provides a legal definition for "digital commodity" that includes cryptocurrencies and virtual currencies, while explicitly excluding securities and US central bank digital currencies. The bill also defines various crypto market participants like brokers, custodians, and dealers, crucially excluding those solely engaged in validating digital commodity transactions.