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United States · Bill · HR

H.R. 6572 (118th)

Deploying American Blockchains Act of 2023

referredUnited States· United States Congress· EN

Introduced

4 December 2023

Last action

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Status

Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.

Sponsors

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Subjects

Discovery layer

Source updated

27 May 2025

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Summary

Deploying American Blockchains Act of 2023 This bill requires the Department of Commerce to support and promote the use of blockchain technology and other distributed ledger technology, tokens, and tokenization. Generally, blockchain technology is a decentralized 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 establish a Blockchain Deployment Program to support 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.

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Documents

11 official files

Referred in Senate (text)

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