On June 27, Bitcoin Laws reported that the US House of Representatives officially passed a bill aimed at promoting blockchain technology application and development nationwide. The bill, named Deploying American Blockchains Act, will empower the US Department of Commerce to lead strategic efforts to enhance national competitiveness in the blockchain field.
According to the bill's content, the US Department of Commerce will be responsible for developing comprehensive policies to strengthen the United States' position on the global blockchain technology map. Specifically, the department will collaborate with multiple government agencies to promote blockchain adoption in administrative activities, provide legal and technical guidance, and support the development of open-source infrastructure for blockchain applications.
The House of Representatives' passage of this act is considered an important step in forming a consistent legal and policy framework for blockchain in the United States. Not only does it create favorable conditions for innovative businesses, but the act also contributes to promoting a sustainable national blockchain ecosystem that can compete with other technological powers.
It is expected that if the bill is passed by the Senate and signed by the President, the act will pave the way for a series of federal blockchain initiatives, thereby strongly supporting startup businesses, open-source projects, and high-potential blockchain platforms.
