# 119-s-2143: Curbing Officials' Income and Nondisclosure (COIN) Act

119-s-2143, Curbing Officials' Income and Nondisclosure (COIN) Act, is a 119th Congress bill sponsored by Sen. Schiff, Adam B. [D-CA] (D-CA); status introduced; PRIA reads it as touching household money (as of 2025-12-20).

- Canonical: https://policyrisk.com/legislation/119-s-2143
- As of: 2025-12-20
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2143
- Congress: 119
- Title: Curbing Officials' Income and Nondisclosure (COIN) Act
- Status: introduced
- Introduced: 2025-06-23
- Sponsor: Sen. Schiff, Adam B. [D-CA] (D-CA)
- Cosponsors: 10
- Policy area: Government Operations and Politics
- Touches household money: yes
- Last recorded action: 2025-12-20

## Summary

**Bar public officials from certain digital-asset financial transactions** and tighten ethics rules for cryptocurrencies and stablecoins. This bill would create civil and criminal penalties, force stablecoin issuers to certify no official profit, and direct a GAO review of federal ethics law for digital assets. - Public officials and their immediate family members would be prohibited from specified digital-asset transactions during service, for the 180-day period before service, and for 2 years after leaving office. - Violators would face civil fines and disgorgement, including penalties up to $25,000 per violation or a percentage of the interest's value; knowing violations that cause at least $1 million in aggregate losses could bring criminal penalties up to 5 years and stiffer penalties for bribery or insider-trading offenses. - Permitted payment stablecoin issuers would have to certify that no public official profits, recertify within 90 days and quarterly thereafter, and face revocation or criminal referral for false certifications; the GAO would report within 360 days with recommended ethics updates for digital-asset rules.

## Cosponsors (10)

- Sen. Blunt Rochester, Lisa [D-DE] (D-DE), 2025-06-23T00:00:00.000Z
- Sen. Cortez Masto, Catherine [D-NV] (D-NV), 2025-06-23T00:00:00.000Z
- Sen. Gallego, Ruben [D-AZ] (D-AZ), 2025-06-23T00:00:00.000Z
- Sen. Gillibrand, Kirsten E. [D-NY] (D-NY), 2025-06-23T00:00:00.000Z
- Sen. Luján, Ben Ray [D-NM] (D-NM), 2025-06-23T00:00:00.000Z
- Sen. Slotkin, Elissa [D-MI] (D-MI), 2025-06-23T00:00:00.000Z
- Sen. Kim, Andy [D-NJ] (D-NJ), 2025-06-23T00:00:00.000Z
- Sen. Blumenthal, Richard [D-CT] (D-CT), 2025-06-23T00:00:00.000Z
- Sen. Alsobrooks, Angela D. [D-MD] (D-MD), 2025-06-23T00:00:00.000Z
- Sen. Kelly, Mark [D-AZ] (D-AZ), 2025-06-24T00:00:00.000Z

## Provisions PRIA read

- New crypto disclosure and recusal rules: cost, low. This bill would make federal disclosure and conflict rules cover many digital assets. If enacted, reporting officials would have to list any crypto, token, NFT, or payment stablecoin they held last year worth more than $1,000 at year-end. The bill would also count such digital-asset holdings as a "…
- Ban and penalties for officials' crypto deals: cost, low. If enacted, covered federal officials and their immediate family could not issue, sponsor, or endorse certain digital assets. The ban would apply during service, for 180 days before service, and for two years after service. The Attorney General could bring civil cases with penalties up to $25,000 p…
- Quarterly certification for stablecoin issuers: mixed, medium. If enacted, a company seeking approval as a permitted payment stablecoin issuer would have to certify to the Office of Government Ethics and its regulator that no public official has a tied financial interest. The issuer must recertify within 90 days after the first coin and then every quarter. The…

## Related bills

- 119-s-3990: PrEP Access and Coverage Act of 2026
- 119-s-5108: Right to IVF Act of 2026
- 119-s-1503: Equality Act
- 119-s-2295: Child Care for Working Families Act
- 119-s-852: Richard L. Trumka Protecting the Right to Organize Act of 2025
- 119-s-2150: Women’s Health Protection Act of 2025

## Sources
- [119-s-2143 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2143)

## Related
- [119-s-3990: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-s-3990)
- [119-s-5108: Right to IVF Act of 2026](https://policyrisk.com/legislation/119-s-5108)
- [119-s-1503: Equality Act](https://policyrisk.com/legislation/119-s-1503)
- [119-s-2295: Child Care for Working Families Act](https://policyrisk.com/legislation/119-s-2295)
- [119-s-852: Richard L. Trumka Protecting the Right to Organize Act of 2025](https://policyrisk.com/legislation/119-s-852)
- [119-s-2150: Women’s Health Protection Act of 2025](https://policyrisk.com/legislation/119-s-2150)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2143 (as of 2025-12-20).