,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #ccad  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #h1 #bjbe ,mr4   
,torres ( ,new ,york introduc$ ! foll[+ 
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,a ,,bill  ,to      
prohibit ! issuance1 promotion1 or sale 
( digital assets t use ! "n1 lik5ess1 or
 id5tifiable traits ( c]ta9 ,f$]al      
(ficials or _! imm$iate family =        
f9ancial ga91 & to e/abli% regulatory   
ov]sight "u ! ,securities & ,ex*ange    
,commission4  #a4 ,%ort title ,?is ,act 
may be cit$ z ! ,/op ,presid5tial       
,pr(ite]+ f ,digital ,assets ,act4  #b4 
,def9itions ,= ! purposes ( ?is ,act3   
7#a7 ,digital asset means a digital     
repres5tation ( value t is record$ on a 
cryptographically secur$ di/ribut$ l$g] 
or any simil> te*nology1 includ+ b n    
limit$ to1 cryptocurr5cies1 /ableco9s1 &
 meme co9s4  7#b7 ,cov]$ individual     
means3  7,a7 ,! ,presid5t or ,vice      
,presid5t ( ! ,unit$ ,/ates2  7,b7      
,memb]s ( ,congress2  7,c7 ,any ,f$]al  

(fic] or (ficial confirm$ by ! ,s5ate2  
or  7,d7 ,any imm$iate family memb] (   
su* individuals4  7#c7 ,imm$iate family 
memb] includes a sp\se1 *ild1 or o!r    
relative resid+ 9 ! same h\sehold4  7#d7
 ,id5tifiable traits include "n1 image1 
lik5ess1 signature1 slogans1 or o!r     
p]sonally di/+ui%+ *>act]i/ics4  #c4    
,prohibition on digital asset           
exploitation = p]sonal ga9  7a7         
,unlawful conduct ,x %all be unlawful = 
any p]son to issue1 promote1 m>ket1 or  
sell a digital asset t3 7#a7 ,uses !    
id5tifiable traits ( a cov]$ individual2
 &  7#b7 ,is reasonably likely to result
 9 direct or indirect f9ancial ga9 to   
su* individual4  7b7 ,presumption (     
violation ,a digital asset t meets !    
conditions 9 subsection 7a7 %all be     
presum$ to violate ?is ,act1 reg>dless (
 cons5t or endorsem5t by ! cov]$        
individual4  7c7 ,cons5t n a def5se     
,volunt>y p>ticipation or au?orization  
by a cov]$ individual %all n con/itute a
 def5se to liability "u ?is section4    

#d4 ,en=cem5t by securities & ex*ange   
commission  7a7 ,au?ority ,! ,securities
 & ,ex*ange ,commission %all h exclusive
 au?ority to en=ce ! provisions ( ?is   
,act4  7b7 ,p5alties ,any p]son f\nd to 
h violat$ ?is ,act %all be subject to3  
7#a7 ,a civil p5alty n to exce$ #bej1jjj
 p] violation2 or  7#b7 ,an am\nt equal 
to ! gross f9ancial ga9 receiv$1 :i*ev] 
is great]4  7c7 ,injunctive relief ,!   
,commission may seek injunctive relief  
to prev5t ! issuance or fur!r           
di/ribution ( prohibit$ digital assets4 
#e4 ,rulemak+ ,! ,securities & ,ex*ange 
,commission %all promulgate regulations 
to implem5t & en=ce ?is ,act no lat] ?an
 #ahj days aft] its enactm5t4