IB 

Union Calendar No. 417 

118TH CONGRESS 

2D SESSION H. R. 6572 

[Report No. 118–501] 

To direct the Secretary of Commerce to take actions necessary and appropriate to promote the competitiveness of the United States related to 

the deployment, use, application, and competitiveness of blockchain technology or other distributed ledger technology, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

DECEMBER 4, 2023 

Mr. BUCSHON (for himself and Ms. BLUNT ROCHESTER) introduced the 

following bill; which was referred to the Committee on Energy and Commerce 

MAY 10, 2024 

Additional sponsors: Mrs. CAMMACK and Mr. SOTO

MAY 10, 2024 

Reported with an amendment, committed to the Committee of the Whole 

House on the State of the Union, and ordered to be printed 

[Strike out all after the enacting clause and insert the part printed in italic] 

[For text of introduced bill, see copy of bill as introduced on December 4, 2023] 


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A BILL 

To direct the Secretary of Commerce to take actions necessary and appropriate to promote the competitiveness 

of the United States related to the deployment, use, 

application, and competitiveness of blockchain technology 

or other distributed ledger technology, and for other purposes. 


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•HR 6572 RH

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Deploying American 

5 Blockchains Act of 2023’’. 

6 SEC. 2. DEFINITIONS. 

7 In this Act: 

8 (1) BLOCKCHAIN TECHNOLOGY OR OTHER DIS9 TRIBUTED LEDGER TECHNOLOGY.—The term 

10 ‘‘blockchain technology or other distributed ledger 

11 technology’’ means a distributed digital database 

12 where data is— 

13 (A) shared across a network of computers to 

14 create a ledger of verified information among 

15 network participants; 

16 (B) linked using cryptography to maintain 

17 the integrity of the ledger and to execute other 

18 functions; and 

19 (C) distributed among network participants 

20 in an automated fashion to concurrently update 

21 network participants on the state of the ledger 

22 and other functions. 

23 (2) COVERED NONGOVERNMENTAL REPRESENTA24 TIVES.—The term ‘‘covered nongovernmental rep25 resentatives’’ means representatives as specified in the 


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1 second sentence of section 135(b)(1) of the Trade Act 

2 of 1974 (19 U.S.C. 2155(b)(1)), except that such term 

3 does not include representatives of non-Federal gov4 ernments. 

5 (3) SECRETARY.—The term ‘‘Secretary’’ means 

6 the Secretary of Commerce. 

7 (4) STATE.—The term ‘‘State’’ means each of the 

8 several States, the District of Columbia, each com9 monwealth, territory, or possession of the United 

10 States, and each federally recognized Indian Tribe. 

11 (5) TOKEN.—The term ‘‘token’’ means a trans12 ferable, digital representation of information recorded 

13 on blockchain technology or other distributed ledger 

14 technology. 

15 (6) TOKENIZATION.—The term ‘‘tokenization’’ 

16 means the process of creating a token. 

17 SEC. 3. DEPARTMENT OF COMMERCE LEADERSHIP ON 

18 BLOCKCHAIN. 

19 (a) FUNCTION OF SECRETARY.—The Secretary shall 

20 serve as the principal advisor to the President for policy 

21 pertaining to the deployment, use, application, and com22 petitiveness of blockchain technology or other distributed 

23 ledger technology, applications built on blockchain tech24 nology or other distributed ledger technology, tokens, and 

25 tokenization. 


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1 (b) ACTIVITIES.—The Secretary shall take actions nec2 essary and appropriate to support the leadership of the 

3 United States with respect to the deployment, use, applica4 tion, and competitiveness of blockchain technology or other 

5 distributed ledger technology, applications built on 

6 blockchain technology or other distributed ledger technology, 

7 tokens, and tokenization, including by— 

8 (1) developing policies and recommendations on 

9 issues and risks related to the deployment, use, appli10 cation, and competitiveness of blockchain technology 

11 or other distributed ledger technology, applications 

12 built on blockchain technology or other distributed 

13 ledger technology, tokens, and tokenization, including 

14 the issues of decentralized identity, cybersecurity, key 

15 storage and security systems, artificial intelligence, 

16 fraud reduction, regulatory compliance, e-commerce, 

17 health care applications, and supply chain resiliency; 

18 (2) supporting and promoting the stability, 

19 maintenance, improvement, and security of 

20 blockchain technology or other distributed ledger tech21 nology, applications built on blockchain technology or 

22 other distributed ledger technology, tokens, and 

23 tokenization; 

24 (3) helping to promote the leadership of the 

25 United States with respect to the deployment, use, apVerDate Sep 11 2014 00:34 May 11, 2024 Jkt 049200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6203 E:\BILLS\H6572.RH H6572

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1 plication, and competitiveness of blockchain tech2 nology or other distributed ledger technology, applica3 tions built on blockchain technology or other distrib4 uted ledger technology, tokens, and tokenization 

5 through the establishment of a Blockchain Deployment 

6 Program in the Department of Commerce; 

7 (4) promoting the national security and eco8 nomic security of the United States with respect to 

9 blockchain technology or other distributed ledger tech10 nology, applications built on blockchain technology or 

11 other distributed ledger technology, tokens, and 

12 tokenization; 

13 (5) supporting engagement with the public to 

14 promote the best practices described in subsection (c); 

15 (6) considering policies and programs to encour16 age and improve coordination among Federal agen17 cies with respect to the deployment of blockchain tech18 nology or other distributed ledger technology, applica19 tions built on blockchain technology or other distrib20 uted ledger technology, tokens, and tokenization; 

21 (7) examining— 

22 (A) how Federal agencies can benefit from 

23 utilizing blockchain technology or other distrib24 uted ledger technology, applications built on 


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1 blockchain technology or other distributed ledger 

2 technology, tokens, and tokenization; 

3 (B) the current use by Federal agencies of 

4 blockchain technology or other distributed ledger 

5 technology, applications built on blockchain tech6 nology or other distributed ledger technology, to7 kens, and tokenization; 

8 (C) the current and future preparedness 

9 and ability of Federal agencies to adopt 

10 blockchain technology or other distributed ledger 

11 technology, applications built on blockchain tech12 nology or other distributed ledger technology, to13 kens, and tokenization; and 

14 (D) additional security measures Federal 

15 agencies may need to take to— 

16 (i) safely and securely use blockchain 

17 technology or other distributed ledger tech18 nology, applications built on blockchain 

19 technology or other distributed ledger tech20 nology, tokens, and tokenization, including 

21 to ensure the security of critical infrastruc22 ture; and 

23 (ii) enhance the resiliency of Federal 

24 systems against cyber threats to blockchain 

25 technology or other distributed ledger techVerDate Sep 11 2014 00:34 May 11, 2024 Jkt 049200 PO 00000 Frm 00007 Fmt 6652 Sfmt 6203 E:\BILLS\H6572.RH H6572

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1 nology, applications built on blockchain 

2 technology or other distributed ledger tech3 nology, tokens, and tokenization; 

4 (8) supporting coordination of the activities of 

5 the Federal Government related to the security of 

6 blockchain technology and other distributed ledger 

7 technology, applications built on blockchain tech8 nology or other distributed ledger technology, tokens, 

9 and tokenization; and 

10 (9) not later than 180 days after the date of the 

11 enactment of this Act, establishing advisory commit12 tees to support the adoption of blockchain technology 

13 or other distributed ledger technology, applications 

14 built on blockchain technology or other distributed 

15 ledger technology, tokens, and tokenization, the mem16 bership of which shall include— 

17 (A) the Secretary; 

18 (B) representatives of Federal agencies (as 

19 determined necessary by the Secretary); and 

20 (C) nongovernmental stakeholders with ex21 pertise related to blockchain technology or other 

22 distributed ledger technology, including— 

23 (i) blockchain technology or other dis24 tributed ledger technology infrastructure opVerDate Sep 11 2014 00:34 May 11, 2024 Jkt 049200 PO 00000 Frm 00008 Fmt 6652 Sfmt 6203 E:\BILLS\H6572.RH H6572

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1 erators, suppliers, service providers, and 

2 vendors; 

3 (ii) application developers building on 

4 blockchain technology or other distributed 

5 ledger technology; 

6 (iii) developers and organizations sup7 porting the advancement and deployment of 

8 public blockchain technology or other dis9 tributed ledger technology; 

10 (iv) subject matter experts representing 

11 industrial sectors that can benefit from 

12 blockchain technology or other distributed 

13 ledger technology; 

14 (v) small, medium, and large busi15 nesses; 

16 (vi) think tanks and academia; 

17 (vii) nonprofit organizations and con18 sumer groups; 

19 (viii) cybersecurity experts; 

20 (ix) rural stakeholders; 

21 (x) covered nongovernmental represent22 atives; 

23 (xi) artists and the content creator 

24 community; and 


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1 (xii) other stakeholders with relevant 

2 expertise (as determined necessary by the 

3 Secretary). 

4 (c) BEST PRACTICES.—The Secretary shall, on an on5 going basis, facilitate and support the development and dis6 semination of best practices with respect to blockchain tech7 nology or other distributed ledger technology, applications 

8 built on blockchain technology or other distributed ledger 

9 technology, tokens, and tokenization that— 

10 (1) support the private sector, the public sector, 

11 and public-private partnerships in the deployment of 

12 technologies needed to advance the capabilities of 

13 blockchain technology or other distributed ledger tech14 nology, applications built on blockchain technology or 

15 other distributed ledger technology, tokens, and 

16 tokenization; 

17 (2) support the interoperability of blockchain 

18 technology or other distributed ledger technology, ap19 plications built on blockchain technology or other dis20 tributed ledger technology, tokens, and tokenization; 

21 (3) support operations, including hashing and 

22 key storage and security systems, that form the foun23 dation of blockchain technology or other distributed 

24 ledger technology, applications built on blockchain 


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1 technology or other distributed ledger technology, to2 kens, and tokenization; 

3 (4) reduce cybersecurity and other risks that 

4 may compromise blockchain technology or other dis5 tributed ledger technology, applications built on 

6 blockchain technology or other distributed ledger tech7 nology, tokens, and tokenization; 

8 (5) reduce uncertainty and risks in the use of 

9 blockchain technology or other distributed ledger tech10 nology, applications built on blockchain technology or 

11 other distributed ledger technology, tokens, and 

12 tokenization; and 

13 (6) quantify the value and potential cost savings 

14 associated with adoption of blockchain technology or 

15 other distributed ledger technology, applications built 

16 on blockchain technology or other distributed ledger 

17 technology, tokens, and tokenization, including 

18 through comparative analyses of competing and exist19 ing technologies within specific industry applications. 

20 (d) ADDITIONAL REQUIREMENTS.—In carrying out 

21 this section, the Secretary shall— 

22 (1) consult closely and regularly with stake23 holders, including private sector individuals and enti24 ties, and incorporate industry expertise; 


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1 (2) collaborate with private sector stakeholders to 

2 identify prioritized, flexible, repeatable, performance3 based, and cost-effective approaches to the deployment 

4 of blockchain technology or other distributed ledger 

5 technology, applications built on blockchain tech6 nology or other distributed ledger technology, tokens, 

7 and tokenization; 

8 (3) disseminate research and information per9 taining to the use of, and marketplace for, blockchain 

10 technology or other distributed ledger technology, ap11 plications built on blockchain technology or other dis12 tributed ledger technology, tokens, and tokenization; 

13 (4) develop standardized terminology for, and 

14 promote common understanding of, blockchain tech15 nology or other distributed ledger technology, applica16 tions built on blockchain technology or other distrib17 uted ledger technology, tokens, and tokenization; 

18 (5) ensure the best practices described in sub19 section (c) facilitate the ease of use of blockchain tech20 nology or other distributed ledger technology, applica21 tions built on blockchain technology or other distrib22 uted ledger technology, tokens, and tokenization; 

23 (6) support open-source infrastructure, data 

24 management, and authentication activities with re25 spect to blockchain technology or other distributed 


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1 ledger technology, applications built on blockchain 

2 technology or other distributed ledger technology, to3 kens, and tokenization; and 

4 (7) consider the needs and interests of both the 

5 private and public sector, including small businesses 

6 and Federal, State, and local governments. 

7 (e) RULES OF CONSTRUCTION.—Nothing in this sec8 tion may be construed to— 

9 (1) require a private entity to share information 

10 with the Secretary; 

11 (2) require a private entity to request assistance 

12 from the Secretary; 

13 (3) require a private entity to implement any 

14 measure or recommendation suggested by the Sec15 retary in response to a request by the private entity; 

16 or 

17 (4) require the adoption of the best practices de18 scribed in subsection (c). 

19 (f) CONSULTATION.—In implementing this section, the 

20 Secretary may, as appropriate, consult with the heads of 

21 relevant Federal agencies. 

22 (g) TERMINATION OF PROGRAM.—The Blockchain De23 ployment Program established pursuant to subsection (b)(3) 

24 shall terminate on the date that is 7 years after the date 

25 of the enactment of this Act. 


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1 SEC. 4. REPORT TO CONGRESS. 

2 Not later than 2 years after the date of the enactment 

3 of this Act, and annually thereafter, the Secretary shall 

4 make public on the website of the Department of Commerce 

5 and submit to the Committee on Energy and Commerce of 

6 the House of Representatives and the Committee on Com7 merce, Science, and Transportation of the Senate a report 

8 that includes— 

9 (1) a description of the activities of the Secretary 

10 under this Act during the preceding year; 

11 (2) any recommendations by the Secretary for 

12 additional legislation to strengthen the competitive13 ness of the United States with respect to blockchain 

14 technology or other distributed ledger technology, ap15 plications built on blockchain technology or other dis16 tributed ledger technology, tokens, and tokenization; 

17 and 

18 (3) a description of any emerging risks and long19 term trends with respect to blockchain technology or 

20 other distributed ledger technology, applications built 

21 on blockchain technology or other distributed ledger 

22 technology, tokens, and tokenization. 


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ssavage on LAPJG3WLY3PROD with BILLS
Union Calendar No. 417 

118TH CONGRESS 

2D SESSION H. R. 6572 

[Report No. 118–501] 

A BILL 

To direct the Secretary of Commerce to take acuted ledger technology, and for other purposes. tiveness of blockchain technology or other distrib- the deployment, use, application, and competi- competitiveness of the United States related to tions necessary and appropriate to promote the 

MAY 10, 2024 

Reported with an amendment, committed to the Comand ordered to be printed mittee of the Whole House on the State of the Union, 


ssavage on LAPJG3WLY3PROD with BILLS