,,ii  #aaith ,,congress  #b;d ,session  
,s4 #djib  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,march #ab1    
#bjbf,mr4 ,durbin introduced the        
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to amend the ,social        
,security ,act to prohibit the ,social  
,security ,trust ,funds from investing  
in cryptocurrency4  #a4 ,short title    
,this ,act may be cited as the ,no      
,crypto in ,social ,security ,act4  #b4 
,prohibit ,social ,security ,trust      
,funds from investing in cryptocurrency 
,section #bja of the ,social ,security  
,act 7#db ,u4,s4,c4 #dja7 is amended--  
7#a7 in subsection 7d71 by inserting    
after the second sentence the following3
 ,such investment may not be made in any
 digital asset or any crypto-related    
investment42 and  7#b7 by adding at the 
end the following new subsection3  7o7  
,for purposes of subsection 7d7-- 7#a7  
the term digital asset has the same     
meaning given such term in section #b of

 the ,,genius ,act 7#ab ,u4,s4,c4       
#eija72 and  7#b7 the term              
crypto-related investment means-- 7,a7  
any investment fund under the           
,investment ,company ,act of #aidj 7#ae 
,u4,s4,c4 #hj;a-#a et seq47 related to  
futures on digital assets 7as so        
defined7 or on digital asset indices2   
7,b7 any stock or bond of a public      
company that-- 7i7 substantially derives
 its value from holdings of digital     
assets2 or  7ii7 primarily derives      
revenue from providing products or      
services 7including issuance1 trading1  
management1 distribution1 custody1      
settlement1 or similar services7 related
 to digital assets2 or  7,c7 any other  
asset or investment whose value is tied 
to1 or derived from1 digital assets4  4