Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » New Bipartisan Bill Aims to Accelerate Blockchain Innovation

New Bipartisan Bill Aims to Accelerate Blockchain Innovation

U.S. Senators Propose Commerce-Led Committee to Shape National Blockchain Strategy

Kelly Cromley by Kelly Cromley
Apr 15, 2025
in Market News, News
Reading Time: 2 mins read
0
United States Congress

A bipartisan group of U.S. lawmakers is advancing a new legislative proposal intended to strengthen the nation’s leadership in blockchain technology. Spearheaded by Senator Bernie Moreno of Ohio, the bill aims to establish a formal advisory body under the Department of Commerce and elevate blockchain’s role in national technology policy. Senators Lisa Blunt Rochester from Delaware and Tim Sheehy of Montana, both newcomers to the Senate, have joined Moreno in co-sponsoring the initiative.

According to the proposal, the legislation would authorize the creation of a “National Blockchain Deployment Advisory Committee.” This committee would operate within the Department of Commerce and focus on guiding the development and implementation of blockchain technologies across the country. Moreover, the commerce secretary would assume a central advisory position to the President regarding blockchain and distributed ledger technologies (DLTs), reflecting a notable expansion of responsibilities in the evolving digital economy.

The bill carries personal significance for Senator Moreno, who entered public office following a career that included founding a blockchain-based enterprise focused on digital vehicle titles. His firsthand experience with the technology has reportedly influenced his policy direction. While blockchain technology has a broad range of applications—spanning supply chain management, health data security, and digital identity—its most prominent and debated use remains within the cryptocurrency sector.

Moreno’s ascent to the Senate was notably supported by substantial backing from the cryptocurrency industry. Reports indicate that his campaign benefitted from extensive advertising support amounting to tens of millions of dollars. The success of his campaign resulted in unseating former Senate Banking Committee Chair Sherrod Brown of Ohio, and Moreno has since taken a seat on the same committee, positioning himself at the heart of federal financial technology discussions.

Interest in digital assets and blockchain technology has become a defining theme for the 119th Congress as well as the current administration. Earlier this year, the White House took steps by launching its own working group focused on the digital asset markets, signaling a growing federal interest in shaping and regulating the sector.

The legislative momentum is also being mirrored in the House of Representatives. Florida lawmakers Kat Cammack, a Republican, and Darren Soto, a Democrat, have introduced a parallel bill with a structure similar to the Senate version. Although the House and Senate versions are not officially coordinated, they share common objectives. The House bill also seeks to appoint the commerce secretary as a key advisor on blockchain matters and proposes the establishment of a “Blockchain Deployment Program” within the Department of Commerce.

This legislative push reflects a growing consensus across party lines on the need for federal leadership in blockchain development. Supporters of the bill suggest that the emerging technology could offer significant benefits to both public infrastructure and private innovation. By creating an institutional framework within the Department of Commerce, lawmakers aim to ensure that the United States remains competitive in what is rapidly becoming a critical pillar of global digital transformation.

Previous Post

Global Tech Alliance Sets New Benchmark for Secure Data

Next Post

Hela Labs and Bittime Unite to Power the Web3 Revolution

Related Posts

creatorX

CreatorX and VitalVEDA Expand Web3 Fitness Ecosystem

by Kelly Cromley
May 10, 2026
0

CreatorX has entered into a strategic partnership with VitalVEDA to expand access to decentralized wellness applications and improve user engagement...

ENI (Eniac Network)

ANOME and ENI Unite to Scale Web3 Gaming and DeFi

by Kelly Cromley
May 10, 2026
0

ANOME Protocol and ENI have entered into a new collaboration aimed at advancing scalable and practical Web3 infrastructure. The announcement,...

quantra

Quantra and FishWar Unite for AI-Powered Web3 Gaming

by Kelly Cromley
May 10, 2026
0

Quantra has announced a strategic partnership with FishWar, an AI-powered Web3 gaming platform operating on the Sei Network. The collaboration...

Cardano

Cardano Becomes Second-Largest Layer 1 by Validators

by Kelly Cromley
May 10, 2026
0

Cardano has reportedly achieved a major milestone in the blockchain industry by becoming the second-largest Layer 1 network based on...

marscat

MarsCat and Conflux Build Privacy-Focused Web3 Infrastructure

by Kelly Cromley
May 10, 2026
0

MarsCat Global and Conflux Network have entered into a strategic collaboration focused on developing decentralized, privacy-oriented solutions powered by scalable...

uxlink

UXLINK and Haven AI Advance AI-Powered SocialFi Yield Tools

by Kelly Cromley
May 10, 2026
0

UXLINK has entered into a partnership with Haven AI to introduce AI-powered agents capable of converting natural language commands into...

Next Post
HeLa Labs

Hela Labs and Bittime Unite to Power the Web3 Revolution

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • SmarTrust Brings Blockchain-Powered Escrow to Freelancers

    by Kelly Cromley
    May 1, 2025
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

creatorX
Market News

CreatorX and VitalVEDA Expand Web3 Fitness Ecosystem

by Kelly Cromley
May 10, 2026
ENI (Eniac Network)
Market News

ANOME and ENI Unite to Scale Web3 Gaming and DeFi

by Kelly Cromley
May 10, 2026
quantra
Market News

Quantra and FishWar Unite for AI-Powered Web3 Gaming

by Kelly Cromley
May 10, 2026
Cardano
Cardano News

Cardano Becomes Second-Largest Layer 1 by Validators

by Kelly Cromley
May 10, 2026
marscat
Market News

MarsCat and Conflux Build Privacy-Focused Web3 Infrastructure

by Kelly Cromley
May 10, 2026

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
  • XRP
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.