Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Consumer Safety Technology Act’’. 
(b) TABLE OF CONTENTS.—The table of contents for 
this Act is as follows: 
Sec. 1. Short title; table of contents. 
Sec. 2. Definitions. 
TITLE I—ARTIFICIAL INTELLIGENCE AND CONSUMER PRODUCT 
SAFETY 
Sec. 101. Short title. 
Sec. 102. Pilot program for use of artificial intelligence by Consumer Product 
Safety Commission. 
TITLE II—BLOCKCHAIN TECHNOLOGY INNOVATION 
Sec. 201. Short title. 
Sec. 202. Study on blockchain technology and its use in consumer protection. 
TITLE III—DIGITAL TOKEN TAXONOMY 
Sec. 301. Short title. 
Sec. 302. Findings. 
Sec. 303. Reports on unfair or deceptive acts or practices in transactions relat-
ing to digital tokens. 
SEC. 2. DEFINITIONS. 
In this Act— 
(1) the term ‘‘consumer product’’ has the 
meaning given such term in section 3(a) of the Con-
sumer Product Safety Act (15 U.S.C. 2052(a)); and 
(2) the term ‘‘Secretary’’ means the Secretary 
of Commerce.
TITLE 
I—ARTIFICIAL 
INTEL-
LIGENCE 
AND 
CONSUMER 
PRODUCT SAFETY 
SEC. 101. SHORT TITLE. 
This title may be cited as the ‘‘AI for Consumer 
Product Safety Act’’. 
SEC. 102. PILOT PROGRAM FOR USE OF ARTIFICIAL INTEL-
LIGENCE BY CONSUMER PRODUCT SAFETY 
COMMISSION. 
(a) ESTABLISHMENT.—Not later than 1 year after 
the date of enactment of this Act, the Consumer Product 
Safety Commission shall establish a pilot program to ex-
plore the use of artificial intelligence by the Commission 
in support of the consumer product safety mission of the 
Commission. 
(b) REQUIREMENTS.—In conducting the pilot pro-
gram established under subsection (a), the Commission 
shall do the following: 
(1) Use artificial intelligence for at least 1 of 
the following purposes: 
(A) Tracking trends with respect to inju-
ries involving consumer products. 
(B) Identifying consumer product hazards. 
(C) Monitoring the retail marketplace (in-
cluding internet websites) for the sale of re-
called consumer products (including both new 
and used products). 
(D) Identifying consumer products re-
quired by section 17(a) of the Consumer Prod-
uct Safety Act (15 U.S.C. 2066(a)) to be re-
fused admission into the customs territory of 
the United States. 
(2) Consult with the following: 
(A) Technologists, data scientists, and ex-
perts in artificial intelligence and machine 
learning. 
(B) Cybersecurity experts. 
(C) Members of the retail industry. 
(D) Consumer product manufacturers. 
(E) Consumer product safety organiza-
tions. 
(F) Any other person the Commission con-
siders appropriate. 
(c) REPORT TO CONGRESS.—Not later than 180 days 
after the conclusion of the pilot program established under 
subsection (a), the Consumer Product Safety Commission 
shall submit to the Committee on Energy and Commerce 
of the House of Representatives and the Committee on 
Commerce, Science, and Transportation of the Senate, 
and make publicly available on the website of the Commis-
sion, a report on the findings and data derived from such 
program, including whether and the extent to which the 
use of artificial intelligence improved the ability of the 
Commission to advance the consumer product safety mis-
sion of the Commission. 
TITLE II—BLOCKCHAIN 
TECHNOLOGY INNOVATION 
SEC. 201. SHORT TITLE. 
This title may be cited as the ‘‘Blockchain Innovation 
Act’’. 
SEC. 202. STUDY ON BLOCKCHAIN TECHNOLOGY AND ITS 
USE IN CONSUMER PROTECTION. 
(a) IN GENERAL.— 
(1) STUDY
REQUIRED.—Not later than one 
year after the date of enactment of this Act, the 
Secretary of Commerce, in consultation with the 
Federal Trade Commission, and in consultation with 
the any other appropriate Federal agency the Sec-
retary determines appropriate, shall conduct a study 
on current and potential use of blockchain tech-
nology in commerce and the potential benefits of 
blockchain technology for limiting fraud and other 
unfair and deceptive acts and practices. 
(2) REQUIREMENTS
FOR
STUDY.—In con-
ducting the study, the Secretary shall examine—
(A) trends in the commercial use of and 
investment in blockchain technology; 
(B) best practices in facilitating public-pri-
vate partnerships in blockchain technology; 
(C) 
potential 
benefits 
and 
risks 
of 
blockchain technology for consumer protection; 
(D) how blockchain technology can be used 
by industry and consumers to reduce fraud and 
increase the security of commercial trans-
actions; 
(E) 
areas 
in 
Federal 
regulation 
of 
blockchain technology that greater clarity would 
encourage domestic innovation; and 
(F) any other relevant observations or rec-
ommendations related to blockchain technology 
and consumer protection. 
(3) PUBLIC COMMENT.—In producing the study 
required in subsection (a)(2), the Secretary shall 
provide opportunity for public comment and advice 
relevant to the production of the study. 
(b) REPORT
TO
CONGRESS.—Not later than 6 
months after the completion of the study required pursu-
ant to subsection (a), the Secretary shall submit to the 
Committee on Energy and Commerce of the House of 
Representatives and the Committee on Commerce,
Science, and Transportation of the Senate, and make pub-
licly available on the website of the Department of Com-
merce, a report that contains the results of the study con-
ducted under subsection (a). 
TITLE III—DIGITAL TOKEN 
TAXONOMY 
SEC. 301. SHORT TITLE. 
This title may be cited as the ‘‘Digital Taxonomy 
Act’’. 
SEC. 302. FINDINGS. 
Congress finds that— 
(1) it is important that the United States re-
mains a leader in innovation; 
(2) digital tokens and blockchain technology are 
driving innovation and providing consumers with in-
creased choice and convenience; 
(3) the use of digital tokens and blockchain 
technology is likely to increase in the future; 
(4) the Federal Trade Commission is respon-
sible for protecting consumers from unfair or decep-
tive acts or practices, including relating to digital to-
kens; 
(5) the Commission has previously taken action 
against unscrupulous companies and individuals that