Deploying American Blockchains Act of 2025
Deploying American Blockchains Act of 2025
Plain Language Summary
# Deploying American Blockchains Act of 2025 - Summary **What the bill does:** If passed, this bill would require the U.S. Department of Commerce to take the lead in promoting American use and development of blockchain technology—the digital ledger system that powers cryptocurrencies and other applications. The Commerce Department would advise the President on blockchain policies and create advisory committees to help businesses and developers adopt the technology and establish best practices for its use. **Who it affects:** This bill primarily affects tech companies, cryptocurrency firms, and other businesses interested in blockchain technology, as well as the federal government's approach to emerging digital technologies.
It could influence how blockchain technology is regulated and developed in the U.S., potentially affecting consumers who use blockchain-based services. **Current status:** The bill has already passed the House of Representatives and is now in the Senate for consideration. Its passage would position the Commerce Department as the main federal authority guiding blockchain adoption and policy in America.
CRS Official Summary
Deploying American Blockchains Act of 2025This bill requires the Department of Commerce to support the leadership of the United States in the use of blockchain technology and other distributed ledger technology, tokens, and tokenization. Generally, blockchain technology is a distributed digital ledger that uses cryptography to share verified information across a network of computers. Tokens refer to the transferrable, digital representation of information recorded on blockchain technology and tokenization is the process of creating a token.Specifically, Commerce must advise the President on policies related to the deployment and use of blockchain technology and other distributed ledger technology, applications built on blockchain technology or other distributed ledger technology, tokens, and tokenization. Commerce also must establish advisory committees to support the adoption of blockchain technology to facilitate the development of best practices with respect to blockchain technology, applications built on blockchain technology, tokens, and tokenization.Commerce must report annually on the activities under this bill and provide any recommendations for additional legislation to strengthen U.S. competitiveness with respect to blockchain technology.
Latest Action
Received in the Senate.