Pennsylvania HB2037 amends ethics standards to include digital assets in financial disclosure requirements.

Pennsylvania HB2037 amends Title 65 of the Pennsylvania Consolidated Statutes to update ethics standards and financial disclosure requirements. It defines "digital asset" to include cryptocurrency, meme coin, nonfungible token, and stablecoin. The bill mandates that public officials and their immediate family members report any financial interest in digital assets exceeding $1,000. It also prohibits these individuals from issuing, creating, sponsoring, endorsing, or promoting digital assets in which they have a financial interest.

Pennsylvania HB2037 amends ethics standards to include digital assets in financial disclosure requirements.

Pennsylvania HB2037 amends Title 65 of the Pennsylvania Consolidated Statutes to update ethics standards and financial disclosure requirements. It defines "digital asset" to include cryptocurrency, meme coin, nonfungible token, and stablecoin. The bill mandates that public officials and their immediate family members report any financial interest in digital assets exceeding $1,000. It also prohibits these individuals from issuing, creating, sponsoring, endorsing, or promoting digital assets in which they have a financial interest.