Ohio’s eighth district congressman Warren Davidson reportedly proposed new legislation in the House of Representatives, to provide protection for users’ self-custodied crypto wallets against U.S. government agency grasp.

Specifically, the proposal on Feb. 15 reportedly surfaced only one day following the Canadian authority invoking the Emergencies Act, equipping it with the freedom to freeze bank accounts and supervise major transactions (including crypto), without obtaining an order from the court. 

The initiative was reportedly a straight response to attempts of fundraising by the COVID-19 policy-focused Freedom Convoy protesters.

The bill was reportedly dubbed ‘Keep Your Coins’ as a wordplay on KYC and refers to safeguarding for crypto users, avoiding the scenario where customers have their own virtual assets taken out of their control.

Should the bill receive the required approval, Davidson’s bill would reportedly “prohibit Federal agencies from restricting the use of convertible virtual currency by a person to purchase goods or services for the person’s own use”, and for different additional purposes, nominally crypto transactions.

Although it seems that the bill has been introduced during a time where an opportunity occurs, since the Canadian authority’s action led to an uproar, Davidson reportedly shared via Twitter that the designing process of the bill has been ongoing for over half a decade (six years), prior to it being put up for review to the House of Reps.

The precise amount of support the bill will receive from the Democrats is yet to be revealed since they are leaning towards the concept of restricting crypto and blockchain. 

The Republican congressman – together with crypto-supportive colleagues like Senator Cynthia Lummis – has reportedly been known as a veteran advocate of the privacy and freedom for individuals’ crypto wallets.