Prohibits Social Security Trust Funds from investing in cryptocurrency.
The No Crypto in Social Security Act amends the Social Security Act to prohibit the Social Security Trust Funds from investing in cryptocurrency. This includes any digital asset or crypto-related investment, such as funds related to futures on digital assets or stocks of companies deriving value from digital assets. The bill aims to protect the Social Security Trust Funds from the volatility and risks associated with cryptocurrency investments.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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