0
0

Deploying American Blockchains Act of 2023

6/11/2024, 4:07 PM

Congressional Summary of HR 6572

Deploying American Blockchains Act of 2023

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

Formatted TextPDFFormatted XML

Current Status of Bill HR 6572

Bill HR 6572 is currently in the status of Bill Introduced since December 4, 2023. Bill HR 6572 was introduced during Congress 118 and was introduced to the House on December 4, 2023.  Bill HR 6572's most recent activity was Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation. as of May 16, 2024

Bipartisan Support of Bill HR 6572

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
2
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6572

Primary Policy Focus

Commerce

Potential Impact Areas

- Advanced technology and technological innovations
- Advisory bodies
- Broadcasting, cable, digital technologies
- Computer security and identity theft
- Computers and information technology
- Congressional oversight
- Digital media

Alternate Title(s) of Bill HR 6572

Deploying American Blockchains Act of 2023
Deploying American Blockchains Act of 2023
Deploying American Blockchains Act of 2023
Deploying American Blockchains Act of 2023
To direct the Secretary of Commerce to take actions necessary and appropriate to promote the competitiveness of the United States related to the deployment, use, application, and competitiveness of blockchain technology or other distributed ledger technology, and for other purposes.

Comments

Sponsors and Cosponsors of HR 6572

Larry Bucshon
Larry Bucshon
IndianaRepublican
Darren Soto
Darren Soto
FloridaDemocrat
Kat Cammack
Kat Cammack
FloridaRepublican
Lisa Blunt Rochester
Lisa Blunt Rochester
DelawareDemocrat

Latest Bills

Making appropriations for military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2027, and for other purposes.
Bill HR 8469May 17, 2026
Commerce, Justice, Science, and Related Agencies Appropriations Act, 2027
Bill HR 8845May 17, 2026
LIFT Act
Bill HR 8864May 16, 2026
Creating Early Childhood Leaders Act
Bill HR 8859May 16, 2026
To amend title 5, United States Code, to add certain employees of the Bureau of Alcohol, Tobacco, Firearms and Explosives to the definition of employees in fire protection activities for the purpose of compensation for certain illnesses and diseases deemed to be proximately caused by employment in fire protection activities.
Bill HR 8863May 16, 2026
Expressing support for the designation of May 17, 2026, as "DIPG Awareness Day" to raise awareness and encourage research into cures for diffuse intrinsic pontine glioma (DIPG) and pediatric cancers in general.
Bill HRES 1295May 16, 2026
To amend title 18, United States, to include property damage in acts that constitute domestic terrorism, and for other purposes.
Bill HR 8843May 16, 2026
CRUISE Act
Bill HR 7083May 16, 2026
To allow Americans to sue federal officials for constitutional violations of voting rights and election law.
Bill HR 8858May 16, 2026
Supporting the goals and ideals of "National Charter Schools Week", to be observed from May 10 through May 16, 2026.
Bill HRES 1298May 16, 2026