Rep. Soto seeks to create office to ‘coordinate’ Federal use of blockchain tech


A brand new invoice filed on Thursday, H.R.9067, seeks to create an office that can “coordinate” federal functions of blockchain know-how. 

Sponsored by Rep. Darren Soto, a Democrat representing Florida’s ninth district, the invoice would “set up an office throughout the Division of Commerce to coordinate all non-defense associated deployment and actions associated to blockchain know-how throughout the Federal Authorities.”

As of Dec. 31, the invoice was referred to the Home Committee on Power and Commerce.

Whereas the textual content of the invoice has but to be launched, the invoice’s sponsor would possibly give some indication of the varieties of blockchain know-how functions such an office would search to “coordinate.”

Soto has confirmed in current months to be an more and more vocal proponent for each cryptocurrencies — which he accepts for marketing campaign donations — and for blockchain know-how usually.

Following information that the USA Postal Service had filed a patent for a blockchain-based mail-in voting system, the co-chairman of the Blockchain Caucus advised Cointelegraph in an interview that he hoped it will be put to use within the close to future.

“Definitely I may see it being utilized very quickly, over the subsequent couple of election cycles,” he stated.

Moreover, in September Soto introduced the end result of “practically two years of pushing” his colleagues within the Committee on Power and Commerce: the Digital Taxonomy Act, which can lead to a examine on the use of blockchain know-how in authorities. Creating an office as described by H.R.9067 would presumably lead to quicker adoption and implementation of such applied sciences.

Soto’s cryptocurrency advocacy has been particularly robust as of late. The Florida native was additionally among the many 9 congresspeople who chastised the Treasury for permitting simply over two weeks for feedback on a brand new crypto monitoring rule. The rule has led to a call-to-arms throughout the cryptocurrency group, and a few have speculated that the Treasury might face a lawsuit for violating process.

Source link Coin Telegraphs


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