What is the official ID of this bill?
The official print number for this legislation is HR 1664.
Act to Promote US Leadership and Deployment of Blockchain Technology 2025.
This Act designates the Secretary of Commerce as the key leader responsible for boosting US competitiveness in blockchain and distributed ledger technologies. The goal is to enhance economic security, improve digital safety, and explore how federal agencies can use this technology to deliver better and more secure services, such as in healthcare and supply chain management. Citizens benefit from a focus on reducing fraud, improving cybersecurity, and fostering innovation.
Key points
The Department of Commerce will lead efforts to make the US a global leader in blockchain technology deployment, potentially driving innovation and job growth.
A new program will develop best practices and security standards for digital technologies, focusing on fraud reduction and mitigating cybersecurity risks.
The government will examine using blockchain to improve public services, critical infrastructure security, and supply chain resilience.
Status:
Passed House
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