Leading advocates in Congress, Rep. Tom Emmer and Rep. Darren Soto re-introduce the Blockchain Regulatory Certainty Act in a bid to shore up the rules for blockchain and digital currency firms.
The instruments were passed as part of the Consumer Safety Technology Act, with two of the three titles related to the blockchain sector, with a third focused on regulation of artificial intelligence.
Congressman Darren Soto has sponsored a new bill that would create a government office that would 'coordinate' federal use of blockchain tech.
“The law is coming to Bitcoin.” We’ve heard Bitcoin inventor Dr. Craig Wright say it before and now it has come to light in two separate incidents.
Digital signatures on the blockchain will be recognized and enforceable by the U.S. law if a bill brought before Congress is passed.
In his keynote at CoinGeek Live, Congressman Darren Soto provided a better understanding of the balance lawmakers are trying to hit when it comes to optimizing innovation around blockchain and digital currency.
The laws take the form of an update to the Consumer Safety Technology Act, which encompasses both the Blockchain Innovation Act and the Digital Taxonomy Act.
