US Introduces New Bill For Study Of Blockchain

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US Legislator (Courtesy: Twitter)
US Legislator (Courtesy: Twitter)

Rep. Darren Soto (D-FL), Rep. Brett Guthrie (R-KY) and Rep. Doris Matsui (D-CA) – the United States House Representatives  representatives introduced a new bill for in-depth analysis of blockchain technology in Congress.

On Sept. 1, Rep. Darren Soto (D-FL), Rep. Brett Guthrie (R-KY) and Rep. Doris Matsui (D-CA) introduced a new bill to the House, which was subsequently referred to the Committee on Energy and Commerce.

The bill proposes to direct the U.S. Secretary of Commerce, in consultation with the Federal Trade Commission (FTC), “to conduct a study and submit to Congress a report on the state of the blockchain technology and use in consumer protection, and for other purposes.”

This bill will also allow better understanding of Blockchain across the congress.