Summary: H.R.6938 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.6938. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (05/19/2020)

Advancing Blockchain Act

This bill requires the Department of Commerce to study and report on the impact of blockchain technology on U.S. businesses conducting interstate commerce.

Such study shall involve, among other things, (1) listing industry sectors that develop and use blockchain technology and public-private partnerships focused on promoting the adoption and use of such technology, (2) establishing a list of federal agencies asserting jurisdiction over such industry sectors and entities, and (3) assessing risks and trends in the marketplace and supply chain of blockchain technology.

Commerce must report to Congress the results of such study and any recommendations to promote the adoption of blockchain technology.