Illinois Representative Marie Newman reportedly revealed details of her acquisition of a maximum of $50,000 in exposure to crypto via shares of Grayscale Bitcoin Trust.

Specifically, as revealed via a financial disclosure report filed with the U.S. House of Representatives on December 8th, Congressperson Newman reportedly finalized the purchase of around $15,001 and $50,000 of GBTC between Nov. 9 and last Saturday. 

Furthermore, she reportedly carried out four separate acquisitions of shares of Coinbase Global’s Class A stock between November and December, a maximum of $215,000.

Members of the U.S. House of Representatives and Senate all reportedly obtained permissions to purchase, sell and trade stocks and other investments while in office, but will be subjected to the reporting obligations for transactions exceeding the $1,000 benchmark, within 30 to 45 days.

This reporting is in accordance with the Stop Trading on Congressional Knowledge Act (STOCK Act), having received the approval in 2012 under President Barack Obama nearly unanimously, in both chambers of Congress. 

Per insights collected in financial disclosure reports by Bitcoinpoliticians.org, six additional members of Congress have crypto in their possession at the moment, or some exposure to crypto assets, including Wyoming Senator Cynthia Lummis, Texas Representative Michael McCaul, Pennsylvania Representative Pat Toomey, Alabama Representative Barry Moore, New Jersey Representative Jefferson Van Drew, and Florida Representative Michael Waltz.

Nonetheless, several federal judges and lawmakers have reportedly openly disregarded the STOCK Act by not revealing particular investments.