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New Blockchain and Cryptocurrency Position in US Government

This bill establishes a new position within the US government to advise the President on blockchain and cryptocurrency matters. This aims to better coordinate federal activities in this rapidly evolving field, potentially influencing future regulations on digital currencies and technologies used by citizens.
Key points
Creation of a blockchain and cryptocurrencies advisory specialist position within the Office of Science and Technology Policy.
The new position will advise the President on research and development related to distributed ledger technologies.
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Additional Information
Print number: 117_HR_8545
Sponsor: Rep. Soto, Darren [D-FL-9]
Process start date: 2022-07-27