IB 
Union Calendar No. 262 
118TH CONGRESS 
1ST SESSION H. R. 4841 
[Report No. 118–323] 
To prohibit Federal agencies from restricting the use of convertible virtual 
currency by a person to purchase goods or services for the person’s 
own use, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 25, 2023 
Mr. DAVIDSON introduced the following bill; which was referred to the 
Committee on Financial Services 
DECEMBER 19, 2023 
Reported with an amendment, committed to the Committee of the Whole 
House on the State of the Union, and ordered to be printed 
[Strike out all after the enacting clause and insert the part printed in italic] 
[For text of introduced bill, see copy of bill as introduced on July 25, 2023] 
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H4841
A BILL 
To prohibit Federal agencies from restricting the use of 
convertible virtual currency by a person to purchase 
goods or services for the person’s own use, and for 
other purposes. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Keep Your Coins Act 
of 2023’’. 
SEC. 2. PROHIBITION ON RESTRICTING USE OF CONVERT-
IBLE VIRTUAL CURRENCY BY A PERSON TO 
RETAIN FULL CONTROL OVER CONVERTIBLE 
VIRTUAL CURRENCY. 
(a) IN GENERAL.—The head of a Federal agency may 
not prohibit, restrict, or otherwise impair the ability of a 
covered user to— 
(1) use convertible virtual currency or its equiva-
lent for such user’s own purposes, such as to purchase 
real or virtual goods and services for the user’s own 
use; or 
(2) self-custody digital assets using a self-hosted 
wallet or other means to conduct transactions for any 
lawful purpose. 
(b) DEFINITIONS.—In this section: 
(1) CONVERTIBLE
VIRTUAL
CURRENCIES.—The 
term ‘‘convertible virtual currency’’ means a medium 
of exchange that— 
(A) has an equivalent value as currency (as 
defined in section 1010.100 of title 31, Code of 
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Federal Regulations (or successor regulations)); 
or 
(B) acts as a substitute for currency but 
may not possess all the attributes (including 
legal tender status) specified under such section 
1010.100 (or successor regulations). 
(2) COVERED USER.—The term ‘‘covered user’’ 
means a person that obtains convertible virtual cur-
rency to purchase goods or services on that person’s 
own behalf, without regard to the method in which 
such covered user obtained such convertible virtual 
currency. 
(3) SELF-HOSTED
WALLET.—The term ‘‘self- 
hosted wallet’’ means a digital interface— 
(A) used to secure and transfer convertible 
virtual currency; and 
(B) under which the owner of convertible 
virtual currency retains independent control over 
such convertible virtual currency that is secured 
by such digital interface. 
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Union Calendar No. 262 
118TH CONGRESS 
1ST SESSION 
H. R. 4841 
[Report No. 118–323] 
A BILL 
To prohibit Federal agencies from restricting the 
use of convertible virtual currency by a person to 
purchase goods or services for the person’s own 
use, and for other purposes. 
DECEMBER 19, 2023 
Reported with an amendment, committed to the Com-
mittee of the Whole House on the State of the Union, 
and ordered to be printed 
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00:16 Dec 20, 2023
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