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the CODE Act of 2025

In committee: it can still change before the session ends.

US HR 4394 · House Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
House
Sponsor
1
Latest action
Jul 15, 2025

What it does

The CODE Act of 2025 would require the Secretary of the Treasury to develop a public-private partnership program within six months of enactment to examine and test integrated anti-money laundering, identity verification, sanctions, and cybersecurity controls in decentralized finance services, with input from federal agencies and risk management experts. The bill prohibits participation by decentralized finance services owned or controlled by covered persons (such as the President, Members of Congress, or senior executive branch employees) and mandates that the program terminate 18 months after enactment. It also requires the Financial Crimes Enforcement Network to issue an advisory within…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Jul 15, 2025

  2. Committee (Current step)

    In committee · Jul 15, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

the CODE Act of 2025 | 52