H.R. 3639 · 117th Congress

Blockchain Innovation Act

Stage
In committee
Introduced
2021-05-28
Latest action
2021-05-31 · Referred to the Subcommittee on Consumer Protection and Commerce.

Summary

Blockchain Innovation Act This bill requires the Department of Commerce to consult with the Federal Trade Commission and other relevant agencies to study potential applications of blockchain technology (i.e., the technology that supports digital currencies such as Bitcoin), including the use of such technology to address fraud and other unfair or deceptive practices.