The STABLE GENIUS Act prohibits federal elected officials and candidates—including the President, Vice President, members of Congress, and candidates for these offices—from buying, selling, holding, or endorsing digital assets (cryptocurrencies and similar blockchain-based investments) during their campaigns, time in office, and for one year after leaving office. Officials who already own digital assets must place them in a qualified blind trust managed by an independent trustee who divests the assets within six months and provides no information to the official about the holdings. Violations carry significant penalties: civil fines up to $250,000 plus forfeiture of any profits, and criminal penalties of up to 18 years in prison if violations cause losses exceeding $1 million or result in personal financial gain for the official. The bill requires ethics offices to publicly disclose all blind trust agreements and strengthens reporting requirements to the Federal Election Commission for presidential and congressional candidates.
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