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Designates the Secretary of Commerce as the principal White House advisor on blockchain, distributed ledger technology, tokens, and tokenization, and directs the Secretary to lead U.S. efforts to deploy and secure these technologies. Requires the Secretary to form a National Blockchain Deployment Advisory Committee within 180 days, produce a compendium of best practices, consult stakeholders and other federal agencies, and deliver periodic reports (an interim report within 2 years, annual reports thereafter, and a final report before the advisory committee ends). The advisory committee terminates seven years after enactment.
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Introduced April 10, 2025 by Bernardo Moreno · Last progress April 10, 2025
Placed on Senate Legislative Calendar under General Orders. Calendar No. 195.
Committee on Commerce, Science, and Transportation. Reported by Senator Cruz without amendment. With written report No. 119-84.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Committee on Commerce, Science, and Transportation. Ordered to be reported without amendment favorably.