A United States Congress committee has unanimously passed a pro-blockchain bill, which would task the U.S. commerce secretary with promoting blockchain deployment and thus potentially increasing the country’s use of blockchain technology.
On Dec. 5, the House Committee on Energy and Commerce voted 46–0 to pass H.R. 6572, the Deploying American Blockchains Act of 2023, in a session aiming to clear 44 pieces of legislation.
The 13-page blockchain bill would direct Secretary of Commerce Gina Raimondo to “take actions necessary and appropriate to promote the competitiveness of the United States related to the deployment, use, application, and competitiveness of blockchain technology or other distributed ledger technology.”
Cody Carbone, the policy head for blockchain advocacy group the Chamber of Digital Commerce, commended the committee for passing the bill on X (formerly Twitter), saying it will “help preserve U.S. leadership in blockchain development, which is sorely needed.”
Thank you @RepLarryBucshon and @RepLBR ! This bipartisan bill will help preserve U.S. leadership in blockchain development, which is sorely needed.
If you think not, China currently owns 84% of all blockchain patents. It’s time for the U.S. to step up.
This bill helps. https://t.co/fVsFrgJzJy
— Cody Carbone (@CodyCarboneDC) December 6, 2023
Before its passing, Blockchain Association CEO Kristin Smith said the bill “rightfully advances our nation’s competitiveness in this nascent…
