Directs Commerce to promote blockchain technology

Makes the Department of Commerce responsible for supporting U.S. leadership in blockchain and similar digital ledger technology, advising the President, and reporting yearly.

• Commerce must advise the President on policies for blockchain, tokens and tokenization
• Commerce must set up advisory committees to help develop best practices for using the technology
• Commerce must report every year on its work and suggest any new laws needed

Passed the House · Senate's turn

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