Deploying American Blockchains Act of 2025

3/18/2025, 2:45 PM

Summary of Bill HR 1664

Bill 119 hr 1664, also known as the Blockchain Technology Promotion Act, aims to enhance the competitiveness of the United States in the field of blockchain technology and other distributed ledger technologies. The bill directs the Secretary of Commerce to take necessary actions to promote the deployment, use, application, and competitiveness of these technologies.

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.

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Current Status of Bill HR 1664

Bill HR 1664 is currently in the status of Bill Introduced since February 27, 2025. Bill HR 1664 was introduced during Congress 119 and was introduced to the House on February 27, 2025.  Bill HR 1664's most recent activity was Referred to the House Committee on Energy and Commerce. as of February 27, 2025

Bipartisan Support of Bill HR 1664

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

Policy Area and Potential Impact of Bill HR 1664

Primary Policy Focus

Commerce

Alternate Title(s) of Bill HR 1664

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.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.
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Sponsors and Cosponsors of HR 1664

R
Darren Soto
Florida(Democrat)

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