S. 553 · 116th Congress
Blockchain Promotion Act of 2019
- Stage
- Reported from committee
- Sponsor
- Todd Young
- Introduced
- 2019-02-26
- Latest action
- 2019-12-17 · Committee on Commerce, Science, and Transportation. Reported by Senator Wicker with amendments. With written report No. 116-177.
Summary
Blockchain Promotion Act of 2019
This bill directs the Department of Commerce to establish the Blockchain Working Group to submit a report to Congress which contains a recommended definition of the distributed ledger technology commonly referred to as blockchain technology, and other specified recommendations regarding this technology.
Members of the working group shall serve without receiving any pay.