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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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Status:
Expired
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Additional Information
Print number: 117_HR_8545
Sponsor: Rep. Soto, Darren [D-FL-9]
Process start date: 2022-07-27
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

To establish a blockchain and cryptocurrency position within the Office of Science and Technology Policy, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_8545.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-07-27.

What are the main provisions?

Key points include:

  • 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.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Soto, Darren [D-FL-9].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Science, Space, and Technology.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Informatization Economy