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H.R. 3314IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 3 · H.R. 3314

Prohibition on digital asset exploitation for personal gain

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(a) Unlawful conduct It shall be unlawful for any person to issue, promote, market, or sell a digital asset that: (1) Uses the identifiable traits of a covered individual; and (2) Is reasonably likely to result in direct or indirect financial gain to such individual. (b) Presumption of violation A digital asset that meets the conditions in subsection (a) shall be presumed to violate this Act, regardless of consent or endorsement by the covered individual. (c) Consent not a defense Voluntary participation or authorization by a covered individual shall not constitute a defense to liability under this section.

Sec. 3: Prohibition on digital asset exploitation for personal gain · Public Law Tracker