the second sentence of section 135(b)(1) of the 
Trade Act of 1974 (19 U.S.C. 2155(b)(1)), except 
that such term does not include representatives of 
non-Federal Governments. 
(3) SECRETARY.—The term ‘‘Secretary’’ means 
the Secretary of Commerce. 
(4) STATE.—The term ‘‘State’’ means each of 
the several States, the District of Columbia, each 
commonwealth, territory, or possession of the United 
States, and each federally recognized Indian Tribe. 
(5) TOKEN.—The term ‘‘token’’ means a trans-
ferable, digital representation of information re-
corded on blockchain technology or other distributed 
ledger technology. 
(6) TOKENIZATION.—The term ‘‘tokenization’’ 
means the process of creating a token. 
SEC. 3. DEPARTMENT OF COMMERCE LEADERSHIP ON 
BLOCKCHAIN. 
(a) FUNCTION OF SECRETARY.—The Secretary shall 
serve as the principal advisor to the President for policy 
pertaining to the deployment, use, application, and com-
petitiveness of blockchain technology or other distributed 
ledger technology, applications built on blockchain tech-
nology or other distributed ledger technology, tokens, and 
tokenization. 
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(b) ACTIVITIES.—The Secretary shall take actions 
necessary and appropriate to support the leadership of the 
United States with respect to the deployment, use, appli-
cation, and competitiveness of blockchain technology or 
other distributed ledger technology, applications built on 
blockchain technology or other distributed ledger tech-
nology, tokens, and tokenization, including by— 
(1) developing policies and recommendations on 
issues and risks related to the deployment, use, ap-
plication, and competitiveness of blockchain tech-
nology or other distributed ledger technology, appli-
cations built on blockchain technology or other dis-
tributed ledger technology, tokens, and tokenization, 
including the issues of decentralized identity, cyber-
security, key storage and security systems, artificial 
intelligence, fraud reduction, regulatory compliance, 
e-commerce, health care applications, and supply 
chain resiliency; 
(2) supporting and promoting the stability, 
maintenance, 
improvement, 
and 
security 
of 
blockchain technology or other distributed ledger 
technology, applications built on blockchain tech-
nology or other distributed ledger technology, to-
kens, and tokenization; 
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(3) helping to promote the leadership of the 
United States with respect to the deployment, use, 
application, and competitiveness of blockchain tech-
nology or other distributed ledger technology, appli-
cations built on blockchain technology or other dis-
tributed ledger technology, tokens, and tokenization 
through the establishment of a Blockchain Deploy-
ment Program in the Department of Commerce; 
(4) promoting the national security and eco-
nomic security of the United States with respect to 
blockchain technology or other distributed ledger 
technology, applications built on blockchain tech-
nology or other distributed ledger technology, to-
kens, and tokenization; 
(5) supporting engagement with the public to 
promote the best practices described in subsection 
(c); 
(6) considering policies and programs to en-
courage and improve coordination among Federal 
agencies 
with 
respect 
to 
the 
deployment 
of 
blockchain technology or other distributed ledger 
technology, applications built on blockchain tech-
nology or other distributed ledger technology, to-
kens, and tokenization; 
(7) examining— 
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(A) how Federal agencies can benefit from 
utilizing blockchain technology or other distrib-
uted ledger technology, applications built on 
blockchain technology or other distributed ledg-
er technology, tokens, and tokenization; 
(B) the current use by Federal agencies of 
blockchain technology or other distributed ledg-
er technology, applications built on blockchain 
technology or other distributed ledger tech-
nology, tokens, and tokenization; 
(C) the current and future preparedness 
and ability of Federal agencies to adopt 
blockchain technology or other distributed ledg-
er technology, applications built on blockchain 
technology or other distributed ledger tech-
nology, tokens, and tokenization; and 
(D) additional security measures Federal 
agencies may need to take to— 
(i) safely and securely use blockchain 
technology or other distributed ledger tech-
nology, applications built on blockchain 
technology or other distributed ledger tech-
nology, tokens, and tokenization, including 
to ensure the security of critical infrastruc-
ture; and 
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(ii) enhance the resiliency of Federal 
systems against cyber threats to blockchain 
technology or other distributed ledger tech-
nology, applications built on blockchain 
technology or other distributed ledger tech-
nology, tokens, and tokenization; 
(8) supporting coordination of the activities of 
the Federal Government related to the security of 
blockchain technology and other distributed ledger 
technology, applications built on blockchain tech-
nology or other distributed ledger technology, to-
kens, and tokenization; and 
(9) not later than 180 days after the date of 
the enactment of this Act, establishing advisory com-
mittees to support the adoption of blockchain tech-
nology or other distributed ledger technology, appli-
cations built on blockchain technology or other dis-
tributed ledger technology, tokens, and tokenization, 
the membership of which shall include— 
(A) the Secretary; 
(B) representatives of Federal agencies (as 
determined necessary by the Secretary); and 
(C) nongovernmental stakeholders with ex-
pertise related to blockchain technology or other 
distributed ledger technology, including— 
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(i) blockchain technology or other dis-
tributed ledger technology infrastructure 
operators, suppliers, service providers, and 
vendors; 
(ii) application developers building on 
blockchain technology or other distributed 
ledger technology; 
(iii) developers and organizations sup-
porting the advancement and deployment 
of public blockchain technology or other 
distributed ledger technology; 
(iv) 
subject 
matter 
experts 
rep-
resenting industrial sectors that can ben-
efit from blockchain technology or other 
distributed ledger technology; 
(v) small, medium, and large busi-
nesses; 
(vi) think tanks and academia; 
(vii) nonprofit organizations and con-
sumer groups; 
(viii) cybersecurity experts; 
(ix) rural stakeholders; 
(x) covered nongovernmental rep-
resentatives; 
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distributed 
ledger 
technology, 
tokens, 
and 
tokenization; 
(6) support open-source infrastructure, data 
management, and authentication activities with re-
spect to blockchain technology or other distributed 
ledger technology, applications built on blockchain 
technology or other distributed ledger technology, to-
kens, and tokenization; and 
(7) consider the needs and interests of both the 
private and public sector, including small businesses 
and Federal, State, and local governments. 
(e) RULES OF CONSTRUCTION.—Nothing in this sec-
tion may be construed to— 
(1) require a private entity to share information 
with the Secretary; 
(2) require a private entity to request assist-
ance from the Secretary; 
(3) require a private entity to implement any 
measure or recommendation suggested by the Sec-
retary in response to a request by the private entity; 
or 
(4) require the adoption of the best practices 
described in subsection (c). 
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(f) CONSULTATION.—In implementing this section, 
the Secretary may, as appropriate, consult with the heads 
of relevant Federal agencies. 
(g) TERMINATION OF PROGRAM.—The Blockchain 
Deployment Program established pursuant to subsection 
(b)(3) shall terminate on the date that is 7 years after 
the date of the enactment of this Act. 
SEC. 4. REPORT TO CONGRESS. 
Not later than 2 years after the date of the enact-
ment of this Act, and annually thereafter, the Secretary 
shall make public on the website of the Department of 
Commerce and submit to the Committee on Energy and 
Commerce of the House of Representatives and the Com-
mittee on Commerce, Science, and Transportation of the 
Senate a report that includes— 
(1) a description of the activities of the Sec-
retary under this Act during the preceding year; 
(2) any recommendations by the Secretary for 
additional legislation to strengthen the competitive-
ness of the United States with respect to blockchain 
technology or other distributed ledger technology, 
applications built on blockchain technology or other 
distributed 
ledger 
technology, 
tokens, 
and 
tokenization; and 
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(3) a description of any emerging risks and 
long-term trends with respect to blockchain tech-
nology or other distributed ledger technology, appli-
cations built on blockchain technology or other dis-
tributed ledger technology, tokens, and tokenization. 
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Union Calendar No. 47 
119TH CONGRESS 
1ST SESSION 
H. R. 1664 
[Report No. 119–70] 
A BILL 
To direct the Secretary of Commerce to take ac-
tions necessary and appropriate to promote the 
competitiveness of the United States related to 
the deployment, use, application, and competi-
tiveness of blockchain technology or other distrib-
uted ledger technology, and for other purposes. 
APRIL 24, 2025 
Committed to the Committee of the Whole House on the 
State of the Union and ordered to be printed 
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