H.R.923 – U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2019

Phone: 650.723.2465
Fax: 650.725.0253

Type: Regulation
Date: 01/30/2019
Agency: 116th Congress (2019-2020)
Jurisdiction: United States
Type of Law: Federal
Status: Proposed
Official URL: External link

This bill aims to promote United States competitiveness in the evolving global virtual currency marketplace, by tasking the Chairman of the Commodity Futures Trading Commission to issue a report on the state of virtual markets and ways to promote American competitiveness.

The bill prescribes that this report must contain a brief description of inter alia “the potential benefits of virtual currency and blockchain technology in the United States commodities market.”