U.S. House of Representatives Proposes Comprehensive Study Bill on Blockchain Technology in Businesses

According to the Cointelegraph, three U.S. houses of representatives (two Democrats and one Republican) announced new law requiring the U.S. Congress to take a closer look at blockchain technology. On September 1, Democrats Darren Soto, Doris Matsui and Republican House of Representatives Brett Guthrie announced a new bill in the House of Representatives, which was submitted to the Committee on Energy and the Economy. The law authorizes the Trade Commissioner, after consultation with the Federal Trade Commission (FTC), to "conduct a study on the state of the art and the use of blockchain technology." On consumer protection, etc., and sent a report to Congress. "