Subscribe
CryptoWeb.xyz
No Result
View All Result
  • Home
  • News
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin
  • Home
  • News
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin
No Result
View All Result
CryptoWeb.xyz
No Result
View All Result

Bill seeks to create office to “coordinate” Federal use of blockchain tech

A new bill filed on Thursday, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology. 

Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th district, the bill would “establish an office within the Department of Commerce to coordinate all non-defense related deployment and activities related to blockchain technology within the Federal Government.”

As of Dec. 31, the bill was referred to the House Committee on Energy and Commerce.

Related articles

How to stake Cardano (ADA) in a self-custodial wallet

UK may have crypto regulation within a year, says senior minister

While the text of the bill has yet to be released, the bill’s sponsor might give some indication of the kinds of blockchain technology applications such an office would seek to “coordinate.”

Soto has proven in recent months to be an increasingly vocal proponent for both cryptocurrencies — which he accepts for campaign donations — and for blockchain technology in general.

Following news that the United States Postal Service had filed a patent for a blockchain-based mail-in voting system, the co-chairman of the Blockchain Caucus told Cointelegraph in an interview that he hoped it would be put to use in the near future.

“Certainly I could see it being utilized very soon, over the next couple of election cycles,” he said.

Additionally, in September Soto announced the culmination of “nearly two years of pushing” his colleagues in the Committee on Energy and Commerce: the Digital Taxonomy Act, which will lead to a study on the use of blockchain technology in government. Creating an office as described by H.R.9067 would presumably lead to faster adoption and implementation of such technologies.

Soto’s cryptocurrency advocacy has been especially strong as of late. The Florida native was also among the nine congresspeople who chastised the Treasury for allowing just over two weeks for comments on a new crypto monitoring rule. The rule has led to a call-to-arms across the cryptocurrency community, and some have speculated that the Treasury may face a lawsuit for violating procedure.

Share122Tweet76Share31
Previous Post

Following delisting, Dash pushes back against 'privacy coin' label

Next Post

CeFi and DeFi will finally meet in 2021 — Let's hope they hit it off

Related Posts

How to stake Cardano (ADA) in a self-custodial wallet
Blockchain

How to stake Cardano (ADA) in a self-custodial wallet

UK may have crypto regulation within a year, says senior minister
Blockchain

UK may have crypto regulation within a year, says senior minister

Tribe Capital considers reviving bankrupt crypto exchange FTX: Report
Blockchain

Tribe Capital considers reviving bankrupt crypto exchange FTX: Report

SafeMoon hacker agrees to return 80% of stolen funds, says development team
Blockchain

SafeMoon hacker agrees to return 80% of stolen funds, says development team

Microsoft is developing its own AI chip to power ChatGPT: Report
Blockchain

Microsoft is developing its own AI chip to power ChatGPT: Report

Coinbase may face years-long court battle with SEC, CEO warns: Report
Blockchain

Coinbase may face years-long court battle with SEC, CEO warns: Report

ADS SIDE

More News

Pepe Coin Price Prediction as PEPE Rockets Up 1,000,000% in 5 Days – Best New Meme Coin?

Pepe Coin Price Prediction as PEPE Rockets Up 1,000,000% in 5 Days – Best New Meme Coin?

Trump Launches and Sells Out Second NFT Series Depicting Himself as George Washington, King of Hearts

Trump Launches and Sells Out Second NFT Series Depicting Himself as George Washington, King of Hearts

FTX Exchange’s Revival Plan Attracts Potential Bid from Tribe Capital – Will Sam Bankman-Fried Be Involved?

FTX Exchange’s Revival Plan Attracts Potential Bid from Tribe Capital – Will Sam Bankman-Fried Be Involved?

Bitcoin Price and Ethereum Prediction: BTC Faces Challenges Below $30,400 – Is a Decline to $29,500 Possible?

Bitcoin Price and Ethereum Prediction: BTC Faces Challenges Below $30,400 – Is a Decline to $29,500 Possible?

How to stake Cardano (ADA) in a self-custodial wallet

How to stake Cardano (ADA) in a self-custodial wallet

MetaMask denies claims of wallet exploit in ‘massive’ $10M hack

MetaMask denies claims of wallet exploit in ‘massive’ $10M hack

NFT app Rebase co-founder accused of going ‘rogue’ in suit by partner

NFT app Rebase co-founder accused of going ‘rogue’ in suit by partner

UK may have crypto regulation within a year, says senior minister

UK may have crypto regulation within a year, says senior minister

Bitcoin Price Prediction as BTC Falls to $29,000 Support – What Happens Next?

Bitcoin Price Prediction as BTC Falls to $29,000 Support – What Happens Next?

Best Crypto to Buy Now 18 April – RNDR, INJ, MANA

Best Crypto to Buy Now 18 April – RNDR, INJ, MANA

  • Advertise with us
  • Contact Us
  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Sitemap

© 2020 Copyright - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin

© 2020 Copyright - All rights reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT