US Approves Bills To Drive Adoption Blockchain
US legislators approve two bills in the blockchain and digital asset space that will now proceed to the House of Representatives for a vote The Committee on Energy and Commerce rubber-stamped two legislation pieces in the blockchain field yesterday in an online debate. Darren Soto, an influential US representative pushing for crypto policies, reported that the Committee on Energy and Commerce had finally accepted the Digital Taxonomy Act.
If passed, the latter Act would require that the Federal Trade Commission in conjunction with the Department of Commerce carry out a comprehensive study and submit findings on the state of blockchain technology. The American COMPETE Act will order the Department of Commerce to report to Congress on the state of other tech spaces like Quantum computing and AI.
