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US Government Boosts Blockchain Deployment for Digital Security and Innovation Standards.

This Act designates the Secretary of Commerce as the principal advisor to the President on blockchain technology policy, aiming to secure US global leadership in this field. It establishes a National Advisory Committee to develop standards and best practices concerning cybersecurity, digital identity, and fraud reduction. These efforts are intended to increase the security and efficiency of public and private digital services, ultimately impacting citizens' daily transactions and data protection.
Key points
The Department of Commerce is designated as the principal advisor to the President on blockchain policy and competitiveness.
Creation of the National Blockchain Deployment Advisory Committee to set standards and best practices for security, interoperability, and adoption across federal agencies and the private sector.
Focus on reducing cybersecurity risks and quantifying the value of blockchain adoption in critical sectors like supply chain and healthcare.
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Additional Information
Print number: 119_S_1492
Sponsor: Sen. Moreno, Bernie [R-OH]
Process start date: 2025-04-10