US House of Representatives passes bill directing Commerce Department to promote blockchain technology

according to Bitcoin Laws, the U.S. House of Representatives has passed a bill instructing the Department of Commerce to promote blockchain technology.

The bill, called the Deploying American Blockchains Act, requires the Department of Commerce to: 1. Develop policies to enhance the competitiveness of the United States; 2. Coordinate the adoption of blockchain technology by various agencies; 3. Issue relevant guidelines; 4. Support the development of open-source infrastructure.

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US House of Representatives passes bill directing Commerce Department to promote blockchain technology

All Comments

Recommended for you

BTC breaks $90,000

The US spot Bitcoin ETF saw a net inflow of $54.8 million yesterday.

The US spot Ethereum ETF saw a net outflow of $75.2 million yesterday.

Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.

Bank of America: Markets will soon digest expectations of a Fed rate cut in January.

He Lifeng held a video call with U.S. Treasury Secretary Bessant and Trade Representative Greer.

Hassett: No discussion with US President Trump regarding the Federal Reserve Chair (selection)

White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates

The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.

Social media platform "X" has been fined €120 million by the European Union for violating content regulations.

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