Coinbase has asked the Internal Revenue Service to let Trump Accounts invest in digital assets and funds that invest in them, arguing that broader, product-neutral rules would increase competition, investor choice and diversification for young Americans. Chief Policy Officer Faryar Shirzad said on September 25 that Coinbase submitted a comment letter urging the IRS to align the accounts' investment universe more closely with traditional individual retirement accounts. Trump Accounts are traditional IRAs for Americans under 18. The government will provide a $1,000 seed contribution for U.S. citizens born between 2025 and 2028, while parents, employers and charities may add funds. Under the IRS draft rules, investments must remain in mutual funds or exchange-traded funds tracking stock indexes centered on U.S. companies until the end of the year the beneficiary turns 17. Leverage is prohibited and annual fees are capped at 0.1%. The proposal does not currently allow direct cryptocurrency purchases, including Bitcoin, or crypto ETFs. Coinbase said it supported the accounts from the outset, and in January pledged to match the government's $1,000 contribution for eligible children of its employees.