The dedicated office would oversee “all non-defense related deployment and activities related to blockchain technology within the Federal Government.” A new bill filed on Thursday, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology. Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th district, the bill would “establish an […]
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The dedicated office would oversee “all non-defense related deployment and activities related to blockchain technology within the Federal Government.” Filed on Thursday, a new bill, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology. Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th district, the bill would “establish an […]
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As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond. Nine congresspeople have signed on to a letter to Treasury Secretary Steven Mnuchin, telling him to hold his horses. The Dec. 31 letter is in response to the Treasury’s recent proposal to make registered crypto businesses […]
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Does Bitcoin finally have an advocate at the highest levels of government? In an interview with the ABC News program GMA3: What You Need To Know on Friday, senator-elect Cynthia Lummis again voiced her support for the popularization of Bitcoin, going so far as to say that she does “hope to bring Bitcoin into the […]
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Cynthia Lummis first bought Bitcoin back in 2013. Former Republican congresswoman and current Bitcoin holder Cynthia Lummis has won a seat in the U.S. Senate against Democratic challenger Merav Ben-David. According to a Nov. 4 report from Fortune, Lummis was an early adopter of Bitcoin (BTC), having first purchased the cryptocurrency in 2013 thanks to […]
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Technology could hold the keys to identity theft protection. Speaking at the online launch event for the Global Digital Asset & Cryptocurrency Association, a Chicago-based group focused on regulatory clarity and industry security, U.S. Representative Bill Foster explained the importance of a “secure digital identity.” “You can have the most rock-solid cryptographic guarantees of a blockchain […]
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Congressman and Blockchain Caucus Co-Chair David Schweikert has advanced a bill to make good on the crypto adage, “code is law.” Republican Congressman David Schweikert (R-AZ) has referred a new bill to the House Committee on Energy and Commerce that, if passed, would recognize digital signatures on the blockchain as enforceable by law. This is particularly important for […]
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Bills from the Energy and Commerce Committee are making their way to the Senate following votes this afternoon. The updated Consumer Safety Technology Act, which now includes the Digital Taxonomy Act and the Blockchain Innovation Act, has passed in the House of Representatives and is now headed for the Senate as of Tuesday afternoon. The Digital […]
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The two bills will now go to the House of Representatives for a vote. The Committee on Energy and Commerce has just approved two pieces of legislation to spur more in-depth analysis of blockchain technology in government, clearing the way for their vote in the House of Representatives. In an online debate moderated by Chamber […]
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Three Representatives are calling on the Secretary of Commerce to study blockchain for consumer protection. A trio of United States House Representatives — two Democrats and a Republican — have officially introduced a new bill to spur more in-depth analysis of blockchain technology in Congress. On Sept. 1, Rep. Darren Soto (D-FL), Rep. Brett Guthrie […]
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