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Deploying American Blockchains Act of 2025
6/27/2025, 7:35 PM
Summary of Bill HR 1664
The bill recognizes the growing importance of blockchain technology in various industries and seeks to ensure that the United States remains at the forefront of innovation in this area. By promoting the development and adoption of blockchain technology, the bill aims to boost economic growth and create new opportunities for businesses and individuals.
In addition to promoting the competitiveness of the United States in blockchain technology, the bill also includes provisions for other purposes related to the regulation and oversight of these technologies. This includes measures to ensure the security and integrity of blockchain networks, as well as to protect consumers and investors from fraud and abuse. Overall, the Blockchain Technology Promotion Act is aimed at fostering innovation and growth in the field of blockchain technology, while also addressing important regulatory and oversight concerns. By taking proactive steps to promote the competitiveness of the United States in this rapidly evolving industry, the bill seeks to position the country as a global leader in blockchain technology.
Congressional Summary of HR 1664
Deploying American Blockchains Act of 2025
This bill requires the Department of Commerce to support the leadership of the United States in the use of blockchain technology and other distributed ledger technology, tokens, and tokenization. Generally, blockchain technology is a distributed digital ledger that uses cryptography to share verified information across a network of computers. Tokens refer to the transferrable, digital representation of information recorded on blockchain technology and tokenization is the process of creating a token.
Specifically, Commerce must advise the President on policies related to the deployment and use of blockchain technology and other distributed ledger technology, applications built on blockchain technology or other distributed ledger technology, tokens, and tokenization. Commerce also must establish advisory committees to support the adoption of blockchain technology to facilitate the development of best practices with respect to blockchain technology, applications built on blockchain technology, tokens, and tokenization.
Commerce must report annually on the activities under this bill and provide any recommendations for additional legislation to strengthen U.S. competitiveness with respect to blockchain technology.
Read the Full Bill
Current Status of Bill HR 1664
Bipartisan Support of Bill HR 1664
Total Number of Sponsors
13Democrat Sponsors
0Republican Sponsors
13Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1664
Primary Policy Focus
CommerceAlternate Title(s) of Bill HR 1664
Comments
Derrick Robinson
8 months ago
This bill is so dumb, it's gonna mess everything up for me. I can't believe they're even considering it. And did you know that it includes a provision about regulating virtual currencies? Like, what even is that about?
Benedict Gregory
5 months ago
I think this bill is a step in the right direction for our country. It's important to support American innovation and technology, and I believe that this bill will help us stay competitive in the global market. I'm excited to see how it will impact our economy and create new opportunities for growth. #AmericanBlockchainsAct
Hailey Lancaster
7 months ago
This bill hurts my privacy.
Brantley Arnold
7 months ago
This bill is a total joke! It's just another way for the government to control us and invade our privacy. I can't believe they're trying to push this through. It's going to be a disaster for all of us. Short term, we're all screwed.
Philip Day
7 months ago
This bill is bad news for us. It's gonna mess with our privacy and security online. Did you know that it allows the government to access our personal data without our consent? #scary #privacyconcerns
