In 2021, Congress Has Introduced 35 Bills Focused On U.S. Crypto Policy

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In 2021, Congress Has Introduced 35 Bills Focused On U.S. Crypto Policy
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As the much-followed debate over the Infrastructure Investment and Jobs Act (H.R. 3684) attracted a great deal of attention to Capitol Hill, the U.S. will now face its first test as crypto policy over taxation reporting has become law.

The Blockchain Technology Coordination Act of 2021 was introduced by Soto to establish a Blockchain Center of Excellence within the U.S. Department of Commerce. The office would oversee all non-defense-related deployment and activities related to blockchain technology within the federal government.

Finally, the RESCUE Act for Black and community banks sponsored by Representative Bobby Rush calls for a Blockchain study by the Comptroller General of the United States as to whether blockchain technology could be used to increase investment by lower-income individuals in start- ups and other crowd-funded companies.WASHINGTON, DC - Senator Bill Hagerty who sponsored a bill focused on examining the dangers) with Congressman Bill Foster .

However, there is danger with the development of CBDC regarding the status of the dollar. The Senate introduced the ‘National security implications of the People's Republic of China's efforts to create an official digital currency’ a bipartisan bill sponsored by Senator Bill Hagerty with nine co-sponsors in the Senate.

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