Stop TRUMP in Crypto Act of 2025

This bill, titled the "Stop TRUMP in Crypto Act of 2025," aims to establish comprehensive prohibitions on digital asset activities for certain elected government officials and their immediate families. The legislation defines covered individuals to include the President, Vice President, Members of Congress, and their spouses, children, sons-in-law, and daughters-in-law. Specifically, covered individuals would be prohibited from owning a proportion of a digital asset that allows unilateral changes, serving as an officer or owner of a digital asset issuer, or issuing, sponsoring, promoting, or receiving compensation for digital asset activities. Furthermore, it bans them from trading digital assets while in office if they possess material non-public information about such assets. Companies required to file reports with the SEC would also be forbidden from transacting digital assets on behalf of a covered individual. To prevent circumvention, the bill includes an anti-evasion rule that prohibits indirect participation through entities like trusts, corporations, or other persons if the covered individual exercises control, acts as a beneficial owner, or expects financial benefit. The definition of "beneficial owner" is broad, encompassing financial interest, ability to influence decisions, or an ownership interest of 5 percent or more. Violations of these provisions would be subject to penalties similar to existing federal ethics laws.