An Act amending Title 65 (Public Officers) of the Pennsylvania Consolidated Statutes, in ethics standards and financial disclosure, further providing for definitions and for restricted activities.

Summary

HB 2037 adds a definition for digital assets and prohibits public officials and their immediate families from issuing, sponsoring, endorsing, or promoting any digital asset in which they have a financial interest while in office. It also mandates reporting of any digital‑asset interest over $1,000 and sets civil and criminal penalties for violations. The measure aims to prevent conflicts of interest as cryptocurrency and related assets become more common.

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