This bill would stop federal agencies from blocking people from using cryptocurrency to buy goods or services for themselves. It also protects your ability to hold and use your own digital assets in a self-hosted wallet, as long as what you’re doing is legal .

In short, if you get crypto to make your own purchases, the federal government could not prohibit or limit that personal use, nor could it stop you from keeping custody of your crypto yourself to make lawful transactions .

• Who is affected: People who obtain cryptocurrency to buy goods or services for their own use (“covered users”)
• What changes: Federal agencies could not prohibit, restrict, or otherwise impair personal use of crypto, or the use of self-hosted wallets for lawful transactions
• When: Would apply if and when this bill becomes law