Pennsylvania Bill Targets Crypto Trades by Officials

A new bill in Pennsylvania aims to restrict public officials’ involvement with cryptocurrency trading. HB1812 mandates the divestment of crypto holdings exceeding $1,000 within 60-90 days. The measure targets Bitcoin, Ethereum, and other digital assets. Penalties for non-compliance include felony charges and potential disqualification from public service. The bill introduces heightened transparency requirements for officials by mandating disclosure of cryptocurrency holdings.