Pennsylvania Bill Restricts Cryptocurrency Holdings by Officials

A new bill in Pennsylvania aims to regulate public officials’ cryptocurrency holdings, raising ethical concerns about potential conflicts of interest. House Bill 1812, introduced by Representative Ben Waxman on August 22, 2025, restricts elected officials from engaging in cryptocurrency-related activities while in office. It prohibits holding, trading, or promoting digital assets like Bitcoin and Ethereum. While the bill aims to maintain public trust and integrity, it has not yet triggered significant market shifts.