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Support for Blockchain Technology and Digital Assets in the US

This House of Representatives resolution expresses support for the development of blockchain technology and digital assets in the United States. The aim is to improve the financial system, create more equitable access to financial services, and keep innovation within the country, potentially benefiting citizens' daily lives through new economic opportunities and efficiencies.
Key points
The US should prioritize understanding the opportunities of the next generation of the internet, including blockchain technology.
Supporting digital technology development aims to improve the financial system and increase access to financial services for everyone.
It is necessary to create clear rules for digital assets that protect consumers and market participants while fostering innovation.
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Status:
Expired
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Additional Information
Print number: 118_HRES_604
Sponsor: Rep. Johnson, Dusty [R-SD-At Large]
Process start date: 2023-07-20
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

Expressing support for blockchain technology and digital assets.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HRES_604.

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 2023-07-20.

What are the main provisions?

Key points include:

  • The US should prioritize understanding the opportunities of the next generation of the internet, including blockchain technology.
  • Supporting digital technology development aims to improve the financial system and increase access to financial services for everyone.
  • It is necessary to create clear rules for digital assets that protect consumers and market participants while fostering innovation.
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. Johnson, Dusty [R-SD-At Large].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

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

Economy Informatization Courts and Law