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No Crypto in Social Security Act: Protecting Retirement Funds

This bill prevents Social Security Trust Funds from being invested in cryptocurrencies or related digital assets. It aims to safeguard retirement savings from the high volatility and risks associated with the crypto market.
Key points
Prohibits direct investment of Social Security funds into digital assets.
Bans investments in companies that primarily derive their value or revenue from crypto-related services.
Ensures retirement funds remain in traditional, stable investment vehicles.
Clearly defines 'digital assets' and 'crypto-related investments' to prevent unauthorized use of funds.
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Status:
Introduced
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Additional Information
No Crypto in Social Security Act
Print number: S 4092
Sponsor: Sen. Durbin, Richard J. [D-IL]
Process start date: 2026-03-12
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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Summary & Status

Key Questions about No Crypto in Social Security Act: Protecting Retirement Funds

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is S 4092.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2026-03-12.

What are the main provisions?

Key points include:

  • Prohibits direct investment of Social Security funds into digital assets.
  • Bans investments in companies that primarily derive their value or revenue from crypto-related services.
  • Ensures retirement funds remain in traditional, stable investment vehicles.
  • Clearly defines 'digital assets' and 'crypto-related investments' to prevent unauthorized use of funds.

What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Durbin, Richard J. [D-IL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-03-25.

Analysis and Potential Impact of S 4092

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

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