House clears HB 1664, setting Commerce Department as lead federal blockchain coordinator - adtechsolutions

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House clears HB 1664, setting Commerce Department as lead federal blockchain coordinator


House Hb 1664 26th June passedwhich refers to a business secretary as the President’s main advisor in matters concerning the distributed management technology

The measures introduced by Kat Cammack representative and sponsored together by Darren Soto’s representative approved the voice vote under the suspension of the 26th June rules, according to the summary of the Chamber floor.

The Law on the Deployment of the American Blockchains of 2025 will now head for the Senate for assessment.

Blockchain Coordinator

The bill requires the Ministry to initiate a blockchain deployment program to develop political recommendations, support interoperability standards and study cases of using a federal agency for on-sear systems.

Within 180 days of the enactment, the Secretary must convene Advisory Committees that draw from federal agencies, technology dealers, academic institutions, cyber security specialists, rural participating parties and the Creator community.

Participation will inform about frames with the best practice that covers decentralized identity, guarantees for key management, supplier chain applications and fraud alleviation techniques. The trade must also develop standardized terminology so that agencies and industry rely on a common lexicon.

Legislation gives trade to explore how existing federal systems can benefit from tokenization, identify upgrades of security needed to protect critical infrastructure, and coordinate the reactions of the government to the distributed threat of the book.

It prohibits the department from convincing private companies to share data or accept the recommendations of the agency and maintain the voluntary involvement of industry. The program deployment of the blockchain on the Sun discount seven years after the legalization if it is not re -.

Outlook Bipartisan and Senate

Cammack framed the bill as an initiative of competitiveness that would “cement American leadership in blockchain innovation. “At the same time, Soto pointed out the Florida Blockchain Center as evidence of domestic potential, according to a press release in the home.

Industrial groups, such as the Digital Chamber of Commerce, approved measures and said it offered a clear federal landing zone for cooperation in the private sector.

The law requires the trade to publish a public report on congress program activities, discovering risks, and any legal changes necessary to maintain the US management in the distributed infrastructure of the book Two years after the enactment and annually afterwards.

With the approval of the HB 1664 house, he is now heading to the Senate, where the accompanying measures sponsored by Senators Bernie Moreno, Lisou Blunt Rochester and Tim Sheehy are waiting for planning.

The legislators will decide whether to proceed or change the language of the house before it reaches the presidential table.



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