| 1 | 1 | | I |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 1664 |
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| 5 | 5 | | To direct the Secretary of Commerce to take actions necessary and appro- |
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| 6 | 6 | | priate to promote the competitiveness of the United States related to |
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| 7 | 7 | | the deployment, use, application, and competitiveness of blockchain tech- |
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| 8 | 8 | | nology or other distributed ledger technology, and for other purposes. |
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| 9 | 9 | | IN THE HOUSE OF REPRESENTATIVES |
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| 10 | 10 | | FEBRUARY27, 2025 |
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| 11 | 11 | | Mrs. C |
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| 12 | 12 | | AMMACK(for herself and Mr. SOTO) introduced the following bill; which |
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| 13 | 13 | | was referred to the Committee on Energy and Commerce |
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| 14 | 14 | | A BILL |
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| 15 | 15 | | To direct the Secretary of Commerce to take actions nec- |
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| 16 | 16 | | essary and appropriate to promote the competitiveness |
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| 17 | 17 | | of the United States related to the deployment, use, |
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| 18 | 18 | | application, and competitiveness of blockchain technology |
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| 19 | 19 | | or other distributed ledger technology, and for other pur- |
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| 20 | 20 | | poses. |
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| 21 | 21 | | Be it enacted by the Senate and House of Representa-1 |
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| 22 | 22 | | tives of the United States of America in Congress assembled, 2 |
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| 23 | 23 | | SECTION 1. SHORT TITLE. 3 |
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| 24 | 24 | | This Act may be cited as the ‘‘Deploying American 4 |
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| 25 | 25 | | Blockchains Act of 2025’’. 5 |
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| 27 | 27 | | ssavage on LAPJG3WLY3PROD with BILLS 2 |
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| 28 | 28 | | •HR 1664 IH |
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| 29 | 29 | | SEC. 2. DEFINITIONS. 1 |
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| 30 | 30 | | In this Act: 2 |
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| 31 | 31 | | (1) B |
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| 32 | 32 | | LOCKCHAIN TECHNOLOGY OR OTHER DIS -3 |
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| 33 | 33 | | TRIBUTED LEDGER TECHNOLOGY .—The term 4 |
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| 34 | 34 | | ‘‘blockchain technology or other distributed ledger 5 |
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| 35 | 35 | | technology’’ means a distributed digital database 6 |
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| 36 | 36 | | where data is— 7 |
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| 37 | 37 | | (A) shared across a network of computers 8 |
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| 38 | 38 | | to create a ledger of verified information among 9 |
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| 39 | 39 | | network participants; 10 |
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| 40 | 40 | | (B) linked using cryptography to maintain 11 |
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| 41 | 41 | | the integrity of the ledger and to execute other 12 |
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| 42 | 42 | | functions; and 13 |
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| 43 | 43 | | (C) distributed among network partici-14 |
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| 44 | 44 | | pants in an automated fashion to concurrently 15 |
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| 45 | 45 | | update network participants on the state of the 16 |
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| 46 | 46 | | ledger and other functions. 17 |
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| 47 | 47 | | (2) C |
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| 48 | 48 | | OVERED NONGOVERNMENTAL REPRESENT -18 |
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| 49 | 49 | | ATIVES.—The term ‘‘covered nongovernmental rep-19 |
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| 50 | 50 | | resentatives’’ means representatives as specified in 20 |
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| 51 | 51 | | the second sentence of section 135(b)(1) of the 21 |
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| 52 | 52 | | Trade Act of 1974 (19 U.S.C. 2155(b)(1)), except 22 |
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| 53 | 53 | | that such term does not include representatives of 23 |
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| 54 | 54 | | non-Federal Governments. 24 |
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| 55 | 55 | | (3) S |
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| 56 | 56 | | ECRETARY.—The term ‘‘Secretary’’ means 25 |
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| 57 | 57 | | the Secretary of Commerce. 26 |
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| 60 | 60 | | •HR 1664 IH |
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| 61 | 61 | | (4) STATE.—The term ‘‘State’’ means each of 1 |
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| 62 | 62 | | the several States, the District of Columbia, each 2 |
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| 63 | 63 | | commonwealth, territory, or possession of the United 3 |
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| 64 | 64 | | States, and each federally recognized Indian Tribe. 4 |
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| 65 | 65 | | (5) T |
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| 66 | 66 | | OKEN.—The term ‘‘token’’ means a trans-5 |
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| 67 | 67 | | ferable, digital representation of information re-6 |
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| 68 | 68 | | corded on blockchain technology or other distributed 7 |
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| 69 | 69 | | ledger technology. 8 |
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| 70 | 70 | | (6) T |
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| 71 | 71 | | OKENIZATION.—The term ‘‘tokenization’’ 9 |
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| 72 | 72 | | means the process of creating a token. 10 |
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| 73 | 73 | | SEC. 3. DEPARTMENT OF COMMERCE LEADERSHIP ON 11 |
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| 74 | 74 | | BLOCKCHAIN. 12 |
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| 75 | 75 | | (a) F |
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| 76 | 76 | | UNCTION OFSECRETARY.—The Secretary shall 13 |
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| 77 | 77 | | serve as the principal advisor to the President for policy 14 |
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| 78 | 78 | | pertaining to the deployment, use, application, and com-15 |
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| 79 | 79 | | petitiveness of blockchain technology or other distributed 16 |
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| 80 | 80 | | ledger technology, applications built on blockchain tech-17 |
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| 81 | 81 | | nology or other distributed ledger technology, tokens, and 18 |
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| 82 | 82 | | tokenization. 19 |
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| 83 | 83 | | (b) A |
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| 84 | 84 | | CTIVITIES.—The Secretary shall take actions 20 |
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| 85 | 85 | | necessary and appropriate to support the leadership of the 21 |
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| 86 | 86 | | United States with respect to the deployment, use, appli-22 |
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| 87 | 87 | | cation, and competitiveness of blockchain technology or 23 |
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| 88 | 88 | | other distributed ledger technology, applications built on 24 |
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| 91 | 91 | | •HR 1664 IH |
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| 92 | 92 | | blockchain technology or other distributed ledger tech-1 |
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| 93 | 93 | | nology, tokens, and tokenization, including by— 2 |
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| 94 | 94 | | (1) developing policies and recommendations on 3 |
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| 95 | 95 | | issues and risks related to the deployment, use, ap-4 |
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| 96 | 96 | | plication, and competitiveness of blockchain tech-5 |
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| 97 | 97 | | nology or other distributed ledger technology, appli-6 |
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| 98 | 98 | | cations built on blockchain technology or other dis-7 |
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| 99 | 99 | | tributed ledger technology, tokens, and tokenization, 8 |
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| 100 | 100 | | including the issues of decentralized identity, cyber-9 |
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| 101 | 101 | | security, key storage and security systems, artificial 10 |
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| 102 | 102 | | intelligence, fraud reduction, regulatory compliance, 11 |
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| 103 | 103 | | e-commerce, health care applications, and supply 12 |
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| 104 | 104 | | chain resiliency; 13 |
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| 105 | 105 | | (2) supporting and promoting the stability, 14 |
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| 106 | 106 | | maintenance, improvement, and security of 15 |
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| 107 | 107 | | blockchain technology or other distributed ledger 16 |
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| 108 | 108 | | technology, applications built on blockchain tech-17 |
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| 109 | 109 | | nology or other distributed ledger technology, to-18 |
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| 110 | 110 | | kens, and tokenization; 19 |
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| 111 | 111 | | (3) helping to promote the leadership of the 20 |
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| 112 | 112 | | United States with respect to the deployment, use, 21 |
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| 113 | 113 | | application, and competitiveness of blockchain tech-22 |
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| 114 | 114 | | nology or other distributed ledger technology, appli-23 |
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| 115 | 115 | | cations built on blockchain technology or other dis-24 |
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| 116 | 116 | | tributed ledger technology, tokens, and tokenization 25 |
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| 119 | 119 | | •HR 1664 IH |
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| 120 | 120 | | through the establishment of a Blockchain Deploy-1 |
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| 121 | 121 | | ment Program in the Department of Commerce; 2 |
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| 122 | 122 | | (4) promoting the national security and eco-3 |
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| 123 | 123 | | nomic security of the United States with respect to 4 |
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| 124 | 124 | | blockchain technology or other distributed ledger 5 |
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| 125 | 125 | | technology, applications built on blockchain tech-6 |
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| 126 | 126 | | nology or other distributed ledger technology, to-7 |
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| 127 | 127 | | kens, and tokenization; 8 |
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| 128 | 128 | | (5) supporting engagement with the public to 9 |
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| 129 | 129 | | promote the best practices described in subsection 10 |
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| 130 | 130 | | (c); 11 |
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| 131 | 131 | | (6) considering policies and programs to en-12 |
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| 132 | 132 | | courage and improve coordination among Federal 13 |
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| 133 | 133 | | agencies with respect to the deployment of 14 |
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| 134 | 134 | | blockchain technology or other distributed ledger 15 |
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| 135 | 135 | | technology, applications built on blockchain tech-16 |
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| 136 | 136 | | nology or other distributed ledger technology, to-17 |
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| 137 | 137 | | kens, and tokenization; 18 |
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| 138 | 138 | | (7) examining— 19 |
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| 139 | 139 | | (A) how Federal agencies can benefit from 20 |
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| 140 | 140 | | utilizing blockchain technology or other distrib-21 |
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| 141 | 141 | | uted ledger technology, applications built on 22 |
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| 142 | 142 | | blockchain technology or other distributed ledg-23 |
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| 143 | 143 | | er technology, tokens, and tokenization; 24 |
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| 146 | 146 | | •HR 1664 IH |
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| 147 | 147 | | (B) the current use by Federal agencies of 1 |
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| 148 | 148 | | blockchain technology or other distributed ledg-2 |
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| 149 | 149 | | er technology, applications built on blockchain 3 |
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| 150 | 150 | | technology or other distributed ledger tech-4 |
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| 151 | 151 | | nology, tokens, and tokenization; 5 |
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| 152 | 152 | | (C) the current and future preparedness 6 |
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| 153 | 153 | | and ability of Federal agencies to adopt 7 |
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| 154 | 154 | | blockchain technology or other distributed ledg-8 |
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| 155 | 155 | | er technology, applications built on blockchain 9 |
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| 156 | 156 | | technology or other distributed ledger tech-10 |
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| 157 | 157 | | nology, tokens, and tokenization; and 11 |
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| 158 | 158 | | (D) additional security measures Federal 12 |
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| 159 | 159 | | agencies may need to take to— 13 |
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| 160 | 160 | | (i) safely and securely use blockchain 14 |
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| 161 | 161 | | technology or other distributed ledger tech-15 |
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| 162 | 162 | | nology, applications built on blockchain 16 |
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| 163 | 163 | | technology or other distributed ledger tech-17 |
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| 164 | 164 | | nology, tokens, and tokenization, including 18 |
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| 165 | 165 | | to ensure the security of critical infrastruc-19 |
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| 166 | 166 | | ture; and 20 |
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| 167 | 167 | | (ii) enhance the resiliency of Federal 21 |
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| 168 | 168 | | systems against cyber threats to blockchain 22 |
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| 169 | 169 | | technology or other distributed ledger tech-23 |
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| 170 | 170 | | nology, applications built on blockchain 24 |
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| 173 | 173 | | •HR 1664 IH |
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| 174 | 174 | | technology or other distributed ledger tech-1 |
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| 175 | 175 | | nology, tokens, and tokenization; 2 |
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| 176 | 176 | | (8) supporting coordination of the activities of 3 |
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| 177 | 177 | | the Federal Government related to the security of 4 |
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| 178 | 178 | | blockchain technology and other distributed ledger 5 |
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| 179 | 179 | | technology, applications built on blockchain tech-6 |
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| 180 | 180 | | nology or other distributed ledger technology, to-7 |
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| 181 | 181 | | kens, and tokenization; and 8 |
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| 182 | 182 | | (9) not later than 180 days after the date of 9 |
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| 183 | 183 | | the enactment of this Act, establishing advisory com-10 |
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| 184 | 184 | | mittees to support the adoption of blockchain tech-11 |
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| 185 | 185 | | nology or other distributed ledger technology, appli-12 |
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| 186 | 186 | | cations built on blockchain technology or other dis-13 |
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| 187 | 187 | | tributed ledger technology, tokens, and tokenization, 14 |
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| 188 | 188 | | the membership of which shall include— 15 |
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| 189 | 189 | | (A) the Secretary; 16 |
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| 190 | 190 | | (B) representatives of Federal agencies (as 17 |
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| 191 | 191 | | determined necessary by the Secretary); and 18 |
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| 192 | 192 | | (C) nongovernmental stakeholders with ex-19 |
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| 193 | 193 | | pertise related to blockchain technology or other 20 |
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| 194 | 194 | | distributed ledger technology, including— 21 |
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| 195 | 195 | | (i) blockchain technology or other dis-22 |
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| 196 | 196 | | tributed ledger technology infrastructure 23 |
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| 197 | 197 | | operators, suppliers, service providers, and 24 |
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| 198 | 198 | | vendors; 25 |
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| 201 | 201 | | •HR 1664 IH |
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| 202 | 202 | | (ii) application developers building on 1 |
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| 203 | 203 | | blockchain technology or other distributed 2 |
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| 204 | 204 | | ledger technology; 3 |
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| 205 | 205 | | (iii) developers and organizations sup-4 |
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| 206 | 206 | | porting the advancement and deployment 5 |
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| 207 | 207 | | of public blockchain technology or other 6 |
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| 208 | 208 | | distributed ledger technology; 7 |
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| 209 | 209 | | (iv) subject matter experts rep-8 |
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| 210 | 210 | | resenting industrial sectors that can ben-9 |
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| 211 | 211 | | efit from blockchain technology or other 10 |
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| 212 | 212 | | distributed ledger technology; 11 |
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| 213 | 213 | | (v) small, medium, and large busi-12 |
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| 214 | 214 | | nesses; 13 |
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| 215 | 215 | | (vi) think tanks and academia; 14 |
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| 216 | 216 | | (vii) nonprofit organizations and con-15 |
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| 217 | 217 | | sumer groups; 16 |
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| 218 | 218 | | (viii) cybersecurity experts; 17 |
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| 219 | 219 | | (ix) rural stakeholders; 18 |
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| 220 | 220 | | (x) covered nongovernmental rep-19 |
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| 221 | 221 | | resentatives; 20 |
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| 222 | 222 | | (xi) artists and the content creator 21 |
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| 223 | 223 | | community; and 22 |
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| 224 | 224 | | (xii) other stakeholders with relevant 23 |
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| 225 | 225 | | expertise (as determined necessary by the 24 |
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| 226 | 226 | | Secretary). 25 |
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| 229 | 229 | | •HR 1664 IH |
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| 230 | 230 | | (c) BESTPRACTICES.—The Secretary shall, on an 1 |
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| 231 | 231 | | ongoing basis, facilitate and support the development and 2 |
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| 232 | 232 | | dissemination of best practices with respect to blockchain 3 |
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| 233 | 233 | | technology or other distributed ledger technology, applica-4 |
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| 234 | 234 | | tions built on blockchain technology or other distributed 5 |
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| 235 | 235 | | ledger technology, tokens, and tokenization that— 6 |
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| 236 | 236 | | (1) support the private sector, the public sector, 7 |
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| 237 | 237 | | and public-private partnerships in the deployment of 8 |
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| 238 | 238 | | technologies needed to advance the capabilities of 9 |
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| 239 | 239 | | blockchain technology or other distributed ledger 10 |
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| 240 | 240 | | technology, applications built on blockchain tech-11 |
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| 241 | 241 | | nology or other distributed ledger technology, to-12 |
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| 242 | 242 | | kens, and tokenization; 13 |
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| 243 | 243 | | (2) support the interoperability of blockchain 14 |
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| 244 | 244 | | technology or other distributed ledger technology, 15 |
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| 245 | 245 | | applications built on blockchain technology or other 16 |
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| 246 | 246 | | distributed ledger technology, tokens, and 17 |
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| 247 | 247 | | tokenization; 18 |
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| 248 | 248 | | (3) support operations, including hashing and 19 |
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| 249 | 249 | | key storage and security systems, that form the 20 |
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| 250 | 250 | | foundation of blockchain technology or other distrib-21 |
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| 251 | 251 | | uted ledger technology, applications built on 22 |
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| 252 | 252 | | blockchain technology or other distributed ledger 23 |
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| 253 | 253 | | technology, tokens, and tokenization; 24 |
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| 256 | 256 | | •HR 1664 IH |
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| 257 | 257 | | (4) reduce cybersecurity and other risks that 1 |
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| 258 | 258 | | may compromise blockchain technology or other dis-2 |
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| 259 | 259 | | tributed ledger technology, applications built on 3 |
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| 260 | 260 | | blockchain technology or other distributed ledger 4 |
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| 261 | 261 | | technology, tokens, and tokenization; 5 |
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| 262 | 262 | | (5) reduce uncertainty and risks in the use of 6 |
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| 263 | 263 | | blockchain technology or other distributed ledger 7 |
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| 264 | 264 | | technology, applications built on blockchain tech-8 |
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| 265 | 265 | | nology or other distributed ledger technology, to-9 |
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| 266 | 266 | | kens, and tokenization; and 10 |
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| 267 | 267 | | (6) quantify the value and potential cost sav-11 |
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| 268 | 268 | | ings associated with adoption of blockchain tech-12 |
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| 269 | 269 | | nology or other distributed ledger technology, appli-13 |
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| 270 | 270 | | cations built on blockchain technology or other dis-14 |
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| 271 | 271 | | tributed ledger technology, tokens, and tokenization, 15 |
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| 272 | 272 | | including through comparative analyses of competing 16 |
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| 273 | 273 | | and existing technologies within specific industry ap-17 |
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| 274 | 274 | | plications. 18 |
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| 275 | 275 | | (d) A |
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| 276 | 276 | | DDITIONALREQUIREMENTS.—In carrying out 19 |
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| 277 | 277 | | this section, the Secretary shall— 20 |
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| 278 | 278 | | (1) consult closely and regularly with stake-21 |
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| 279 | 279 | | holders, including private sector individuals and enti-22 |
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| 280 | 280 | | ties, and incorporate industry expertise; 23 |
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| 281 | 281 | | (2) collaborate with private sector stakeholders 24 |
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| 282 | 282 | | to identify prioritized, flexible, repeatable, perform-25 |
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| 285 | 285 | | •HR 1664 IH |
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| 286 | 286 | | ance-based, and cost-effective approaches to the de-1 |
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| 287 | 287 | | ployment of blockchain technology or other distrib-2 |
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| 288 | 288 | | uted ledger technology, applications built on 3 |
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| 289 | 289 | | blockchain technology or other distributed ledger 4 |
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| 290 | 290 | | technology, tokens, and tokenization; 5 |
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| 291 | 291 | | (3) disseminate research and information per-6 |
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| 292 | 292 | | taining to the use of, and marketplace for, 7 |
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| 293 | 293 | | blockchain technology or other distributed ledger 8 |
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| 294 | 294 | | technology, applications built on blockchain tech-9 |
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| 295 | 295 | | nology or other distributed ledger technology, to-10 |
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| 296 | 296 | | kens, and tokenization; 11 |
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| 297 | 297 | | (4) develop standardized terminology for, and 12 |
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| 298 | 298 | | promote common understanding of, blockchain tech-13 |
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| 299 | 299 | | nology or other distributed ledger technology, appli-14 |
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| 300 | 300 | | cations built on blockchain technology or other dis-15 |
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| 301 | 301 | | tributed ledger technology, tokens, and tokenization; 16 |
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| 302 | 302 | | (5) ensure the best practices described in sub-17 |
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| 303 | 303 | | section (c) facilitate the ease of use of blockchain 18 |
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| 304 | 304 | | technology or other distributed ledger technology, 19 |
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| 305 | 305 | | applications built on blockchain technology or other 20 |
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| 306 | 306 | | distributed ledger technology, tokens, and 21 |
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| 307 | 307 | | tokenization; 22 |
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| 308 | 308 | | (6) support open-source infrastructure, data 23 |
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| 309 | 309 | | management, and authentication activities with re-24 |
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| 310 | 310 | | spect to blockchain technology or other distributed 25 |
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| 313 | 313 | | •HR 1664 IH |
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| 314 | 314 | | ledger technology, applications built on blockchain 1 |
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| 315 | 315 | | technology or other distributed ledger technology, to-2 |
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| 316 | 316 | | kens, and tokenization; and 3 |
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| 317 | 317 | | (7) consider the needs and interests of both the 4 |
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| 318 | 318 | | private and public sector, including small businesses 5 |
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| 319 | 319 | | and Federal, State, and local governments. 6 |
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| 320 | 320 | | (e) R |
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| 321 | 321 | | ULES OFCONSTRUCTION.—Nothing in this sec-7 |
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| 322 | 322 | | tion may be construed to— 8 |
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| 323 | 323 | | (1) require a private entity to share information 9 |
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| 324 | 324 | | with the Secretary; 10 |
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| 325 | 325 | | (2) require a private entity to request assist-11 |
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| 326 | 326 | | ance from the Secretary; 12 |
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| 327 | 327 | | (3) require a private entity to implement any 13 |
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| 328 | 328 | | measure or recommendation suggested by the Sec-14 |
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| 329 | 329 | | retary in response to a request by the private entity; 15 |
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| 330 | 330 | | or 16 |
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| 331 | 331 | | (4) require the adoption of the best practices 17 |
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| 332 | 332 | | described in subsection (c). 18 |
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| 333 | 333 | | (f) C |
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| 334 | 334 | | ONSULTATION.—In implementing this section, 19 |
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| 335 | 335 | | the Secretary may, as appropriate, consult with the heads 20 |
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| 336 | 336 | | of relevant Federal agencies. 21 |
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| 337 | 337 | | (g) T |
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| 338 | 338 | | ERMINATION OF PROGRAM.—The Blockchain 22 |
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| 339 | 339 | | Deployment Program established pursuant to subsection 23 |
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| 340 | 340 | | (b)(3) shall terminate on the date that is 7 years after 24 |
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| 341 | 341 | | the date of the enactment of this Act. 25 |
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| 344 | 344 | | •HR 1664 IH |
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| 345 | 345 | | SEC. 4. REPORT TO CONGRESS. 1 |
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| 346 | 346 | | Not later than 2 years after the date of the enact-2 |
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| 347 | 347 | | ment of this Act, and annually thereafter, the Secretary 3 |
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| 348 | 348 | | shall make public on the website of the Department of 4 |
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| 349 | 349 | | Commerce and submit to the Committee on Energy and 5 |
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| 350 | 350 | | Commerce of the House of Representatives and the Com-6 |
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| 351 | 351 | | mittee on Commerce, Science, and Transportation of the 7 |
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| 352 | 352 | | Senate a report that includes— 8 |
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| 353 | 353 | | (1) a description of the activities of the Sec-9 |
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| 354 | 354 | | retary under this Act during the preceding year; 10 |
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| 355 | 355 | | (2) any recommendations by the Secretary for 11 |
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| 356 | 356 | | additional legislation to strengthen the competitive-12 |
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| 357 | 357 | | ness of the United States with respect to blockchain 13 |
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| 358 | 358 | | technology or other distributed ledger technology, 14 |
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| 359 | 359 | | applications built on blockchain technology or other 15 |
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| 360 | 360 | | distributed ledger technology, tokens, and 16 |
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| 361 | 361 | | tokenization; and 17 |
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| 362 | 362 | | (3) a description of any emerging risks and 18 |
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| 363 | 363 | | long-term trends with respect to blockchain tech-19 |
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| 364 | 364 | | nology or other distributed ledger technology, appli-20 |
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| 365 | 365 | | cations built on blockchain technology or other dis-21 |
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| 366 | 366 | | tributed ledger technology, tokens, and tokenization. 22 |
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| 367 | 367 | | Æ |
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| 368 | 368 | | VerDate Sep 11 2014 00:12 Mar 15, 2025 Jkt 059200 PO 00000 Frm 00013 Fmt 6652 Sfmt 6301 E:\BILLS\H1664.IH H1664 |
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| 369 | 369 | | ssavage on LAPJG3WLY3PROD with BILLS |
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