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Code · BILL · 118th Congress · H.R. 8773 (Reported in House) — Making appropriations for financial services and general government for the fiscal year ending September 30, 2025, an... · Sec. 560

Sec. 560.

83 words·~1 min read·/bill/118/hr/8773/rh/section-560

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None of the funds made available by this Act may be used to carry out an enforcement action related to a digital asset transaction, except for enforcement actions related to fraud or market manipulation, unless
(1)the Securities and Exchange Commission has promulgated a regulation that clarifies which digital assets are securities under existing law, or
(2)Congress passes legislation that gives the Securities and Exchange Commission regulatory and enforcement jurisdiction over digital assets and it is signed into law by the President.
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