[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9422 Introduced in House (IH)]

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117th CONGRESS
  2d Session
                                H. R. 9422

   To prohibit lending, leveraging, or co-mingling customer funds by 
        cryptocurrency exchanges without consent of a customer.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            December 2, 2022

    Mr. Torres of New York introduced the following bill; which was 
            referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
   To prohibit lending, leveraging, or co-mingling customer funds by 
        cryptocurrency exchanges without consent of a customer.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Crypto Consumer Investor Protection 
Act''.

SEC. 2. LENDING, LEVERAGING, AND CO-MINGLING PROHIBITED.

    A cryptocurrency exchange may not lend, leverage, or co-mingle the 
funds of a customer without the consent of such customer.
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