119-s1492

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 1492 Reported in Senate

    (RS) ]

<DOC>

 Calendar No. 195
119th CONGRESS
 1st Session
 S. 1492

 [Report No. 119-84]

 To require the Secretary of Commerce support the leadership of the 
 United States with respect to the deployment, use, application, and 
 competitiveness of blockchain technology, and for other purposes.

_______________________________________________________________________

 IN THE SENATE OF THE UNITED STATES

 April 10, 2025

 Mr. Moreno (for himself, Ms. Blunt Rochester, and Mr. Sheehy) 
introduced the following bill; which was read twice and referred to the 
 Committee on Commerce, Science, and Transportation

 October 21, 2025

 Reported by Mr. Cruz, without amendment

_______________________________________________________________________

 A BILL

 To require the Secretary of Commerce support the leadership of the 
 United States with respect to the deployment, use, application, and 
 competitiveness of blockchain technology, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Deploying American Blockchains Act 
of 2025''.

SEC. 2. DEFINITIONS.

 In this Act:

    (1) Advisory committee.--The term ``Advisory Committee'' 
 means the National Blockchain Deployment Advisory Committee 
 established pursuant to 

section 603
            (c) .

    (2) Blockchain technology or other distributed ledger 
 technology.--The term ``blockchain technology or other 
 distributed ledger technology'' means a distributed digital 
 database where data is--
        (A) shared across a network of computers to create 
 a ledger of verified information among network 
 participants;
        (B) linked using cryptography to maintain the 
 integrity of the ledger and to execute other functions; 
 and
            (C) distributed among network participants in an 
 automated fashion to concurrently update network 
 participants on the state of the ledger and other 
 functions.

    (3) Covered nongovernmental representative.--The term 
 ``covered nongovernmental representative'' means a 
 representative as specified in the second sentence of 

section 135

    (b)

    (1) of the Trade Act of 1974 (19 U.S.C. 2155

    (b)

    (1) ), 
 except that such term does not include a representative of a 
 non-Federal government.

    (4) Secretary.--The term ``Secretary'' means the Secretary 
 of Commerce.

    (5) State.--The term ``State'' means each of the several 
 States, the District of Columbia, each commonwealth, territory, 
 or possession of the United States, and each federally 
 recognized Indian Tribe.

    (6) Token.--The term ``token'' means a transferable, 
 digital representation of information recorded on blockchain 
 technology or other distributed ledger technology.

    (7) Tokenization.--The term ``tokenization'' means the 
 process of creating a token.

SEC. 3. DEPARTMENT OF COMMERCE LEADERSHIP ON BLOCKCHAIN.

    (a) Function of Secretary.--The Secretary shall serve as a 
principal advisor to the President for policy pertaining to the 
deployment, use, application, and competitiveness of blockchain 
technology or other distributed ledger technology, applications built 
on blockchain technology or other distributed ledger technology, 
tokens, and tokenization.

    (b) Activities.--The Secretary shall support the leadership of the 
United States with respect to the deployment, use, application, and 
competitiveness of blockchain technology or other distributed ledger 
technology, applications built on blockchain technology or other 
distributed ledger technology, tokens, and tokenization by organizing 
the Advisory Committee--

    (1) to examine and to provide recommendations on issues and 
 risks relating to the deployment, use, application, and 
 competitiveness of blockchain technology or other distributed 
 ledger technology, applications built on blockchain technology 
 or other distributed ledger technology, tokens, and 
 tokenization, including the issues of decentralized identity, 
 cybersecurity, key storage and security systems, artificial 
 intelligence, fraud reduction, regulatory compliance, e-
 commerce, health care applications, and supply chain 
 resiliency;

    (2) to support and to promote the improvement and security 
 of blockchain technology or other distributed ledger 
 technology, applications built on blockchain technology or 
 other distributed ledger technology, tokens, and tokenization;

    (3) to help to promote the leadership of the United States 
 with respect to the deployment, use, application, and 
 competitiveness of blockchain technology or other distributed 
 ledger technology, applications built on blockchain technology 
 or other distributed ledger technology, tokens, and 
 tokenization;

    (4) to promote the national security of the United States 
 with respect to blockchain technology or other distributed 
 ledger technology, applications built on blockchain technology 
 or other distributed ledger technology, tokens, and 
 tokenization;

    (5) to support engagement with the public to develop a 
 compendium of proposals for practices as part of the work 
 described in subsection
            (d) ;

    (6) to consider policies to encourage coordination among 
 Federal agencies with respect to the deployment of blockchain 
 technology or other distributed ledger technology, applications 
 built on blockchain technology or other distributed ledger 
 technology, tokens, and tokenization;

    (7) to examine--
        (A) how Federal agencies can benefit from utilizing 
 blockchain technology or other distributed ledger 
 technology, applications built on blockchain technology 
 or other distributed ledger technology, tokens, and 
 tokenization;
        (B) the current use by Federal agencies of 
 blockchain technology or other distributed ledger 
 technology, applications built on blockchain technology 
 or other distributed ledger technology, tokens, and 
 tokenization;
            (C) the current and future preparedness and ability 
 of Federal agencies to adopt blockchain technology or 
 other distributed ledger technology, applications built 
 on blockchain technology or other distributed ledger 
 technology, tokens, and tokenization; and
            (D) additional security measures Federal agencies 
 may need to take--
            (i) to securely use blockchain technology 
 or other distributed ledger technology, 
 applications built on blockchain technology or 
 other distributed ledger technology, tokens, 
 and tokenization, including to support the 
 security of critical infrastructure; and
            (ii) to enhance the resiliency of Federal 
 systems against cyber threats to blockchain 
 technology or other distributed ledger 
 technology, applications built on blockchain 
 technology or other distributed ledger 
 technology, tokens, and tokenization; and

    (8) to support coordination of the activities of the 
 Federal Government relating to the security of blockchain 
 technology and other distributed ledger technology, 
 applications built on blockchain technology or other 
 distributed ledger technology, tokens, and tokenization.
            (c) Establishment of National Blockchain Deployment Advisory 
Committee.--

    (1) Establishment.--
        (A) In general.--Not later than 180 days after the 
 date of the enactment of this Act, the Secretary shall, 
 in consultation with the heads of relevant Federal 
 agencies, establish an advisory committee to support 
 the adoption of blockchain technology or other 
 distributed ledger technology, applications built on 
 blockchain technology or other distributed ledger 
 technology, tokens, and tokenization.
        (B) Designation.--The advisory committee 
 established pursuant to subparagraph
        (A) shall be known 
 as the ``National Blockchain Deployment Advisory 
 Committee''.

    (2) Membership composition.--The Advisory Committee shall 
 consist of members appointed by the Secretary, which shall 
 include--
        (A) the Secretary;
        (B) representatives of Federal agencies (as 
 determined necessary by the Secretary); and
            (C) covered nongovernmental representatives with 
 expertise related to blockchain technology or other 
 distributed ledger technology (as determined necessary 
 by the Secretary), which may include--
            (i) blockchain technology or other 
 distributed ledger technology infrastructure 
 operators, suppliers, service providers, and 
 vendors;
            (ii) application developers building on 
 blockchain technology or other distributed 
 ledger technology;
            (iii) developers and organizations 
 supporting the advancement and deployment of 
 public blockchain technology or other 
 distributed ledger technology;
            (iv) subject matter experts representing 
 industrial sectors that can benefit from 
 blockchain technology or other distributed 
 ledger technology;
            (v) small, medium, and large businesses;
            (vi) think tanks and academia;
            (vii) nonprofit organizations and consumer 
 groups;
            (viii) cybersecurity experts;
            (ix) rural stakeholders;
            (x) covered nongovernmental 
 representatives; and
            (xi) artists and the content creator 
 community.

    (3) Termination of advisory committee.--The Advisory 
 Committee shall terminate on the date that is 7 years after the 
 date of the enactment of this Act.
            (d) Best Practices.--The Secretary shall, on an ongoing basis, 
facilitate and support the development of a compendium of identified or 
recommended guidelines or best practices for the deployment of 
blockchain technology or other distributed ledger technology, 
applications built on blockchain technology or other distributed ledger 
technology, tokens, and tokenization that--

    (1) support the deployment of technologies needed to 
 advance the capabilities of blockchain technology or other 
 distributed ledger technology, applications built on blockchain 
 technology or other distributed ledger technology, tokens, and 
 tokenization;

    (2) support the interoperability of blockchain technology 
 or other distributed ledger technology, applications built on 
 blockchain technology or other distributed ledger technology, 
 tokens, and tokenization;

    (3) support operations, including hashing and key storage 
 and security systems, that form the foundation of blockchain 
 technology or other distributed ledger technology, applications 
 built on blockchain technology or other distributed ledger 
 technology, tokens, and tokenization;

    (4) reduce cybersecurity risks that may compromise 
 blockchain technology or other distributed ledger technology, 
 applications built on blockchain technology or other 
 distributed ledger technology, tokens, and tokenization; and

    (5) quantify the value and potential cost savings 
 associated with adoption of blockchain technology or other 
 distributed ledger technology, applications built on blockchain 
 technology or other distributed ledger technology, tokens, and 
 tokenization, including through comparative analyses of 
 competing and existing technologies within specific industry 
 applications.

    (e) Additional Requirements.--In carrying out this section, the 
Secretary shall--

    (1) consult closely and regularly with stakeholders, 
 including private sector individuals and entities, and 
 incorporate industry expertise;

    (2) collaborate with private sector stakeholders to 
 identify prioritized, flexible, repeatable, performance-based, 
 and cost-effective approaches to the deployment of blockchain 
 technology or other distributed ledger technology, applications 
 built on blockchain technology or other distributed ledger 
 technology, tokens, and tokenization;

    (3) make public research and information pertaining to the 
 use of, and marketplace for, blockchain technology or other 
 distributed ledger technology, applications built on blockchain 
 technology or other distributed ledger technology, tokens, and 
 tokenization;

    (4) develop standardized terminology for, and promote 
 common understanding of, blockchain technology or other 
 distributed ledger technology, applications built on blockchain 
 technology or other distributed ledger technology, tokens, and 
 tokenization;

    (5) align the recommendations of the compendium described 
 in subsection
            (d) with the goal of facilitating the ease of use 
 of blockchain technology or other distributed ledger 
 technology, applications built on blockchain technology or 
 other distributed ledger technology, tokens, and tokenization;

    (6) support open-source infrastructure, data management, 
 and authentication activities with respect to blockchain 
 technology or other distributed ledger technology, applications 
 built on blockchain technology or other distributed ledger 
 technology, tokens, and tokenization; and

    (7) consider the needs and interests of both the private 
 and public sector, including small businesses and Federal, 
 State, and local governments.

    (f) Rules of Construction.--Nothing in this section may be 
construed--

    (1) to require a private entity to share information with 
 the Secretary;

    (2) to require a private entity to request assistance from 
 the Secretary;

    (3) to require a private entity to implement any measure or 
 recommendation suggested by the Secretary in response to a 
 request by the private entity; or

    (4) to require the adoption of the best practices described 
 in subsection
            (d) .

    (g) Consultation.--In implementing this section, the Secretary may, 
as appropriate, consult with the heads of relevant Federal agencies.

SEC. 4. REPORTS TO CONGRESS.

    (a) Interim Reports.--Not later than 2 years after the date of the 
enactment of this Act, and annually thereafter, the Secretary shall 
make public on the website of the Department of Commerce and submit to 
the Committee on Commerce, Science, and Transportation of the Senate 
and the Committee on Energy and Commerce of the House of 
Representatives a report that includes--

    (1) a description of the activities of the Secretary under 
 this title during the preceding year;

    (2) any recommendations by the Secretary for additional 
 legislation to strengthen the competitiveness of the United 
 States with respect to blockchain technology or other 
 distributed ledger technology, applications built on blockchain 
 technology or other distributed ledger technology, tokens, and 
 tokenization; and

    (3) a description of any emerging risks and long-term 
 trends with respect to blockchain technology or other 
 distributed ledger technology, applications built on blockchain 
 technology or other distributed ledger technology, tokens, and 
 tokenization.

    (b) Final Report.--Not later than 18 months before the termination 
of the Advisory Committee pursuant to 

section 603
            (c) (3) , the Secretary 
shall make available to the public on the website of the Department of 
Commerce and submit to the President, the Committee on Commerce, 
Science, and Transportation of the Senate, and the Committee on Energy 
and Commerce of the House of Representatives a final report containing 
the findings, conclusions, and recommendations of the Advisory 
Committee.
 Calendar No. 195

119th CONGRESS

 1st Session

 S. 1492

 [Report No. 119-84]

_______________________________________________________________________

 A BILL

 To require the Secretary of Commerce support the leadership of the 
 United States with respect to the deployment, use, application, and 
 competitiveness of blockchain technology, and for other purposes.

_______________________________________________________________________

 October 21, 2025

 Reported without amendment