Share this article
Blockchain Support Bill Passes Vote in US Congress
The House of Representatives has passed a resolution calling for a national technology policy which includes language for digital currencies.
By Stan Higgins
Updated Sep 11, 2021, 12:29 p.m. Published Sep 12, 2016, 10:10 p.m.
The US House of Representatives has passed a non-binding resolution calling for a national technology innovation policy that includes supportive language for digital currencies and blockchain technology.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
in July, the resolution calls on the US government to craft a national policy for technology, with specific mentions for digital currencies and blockchain. The bill was written by Illinois Representative Adam Kinzinger, with Representative Tony Cardenas from California sponsoring.
The resolution passed by a voice vote following statements from backers late this afternoon. Though non-binding, the measure is perhaps the most significant to emerge from Congress to date on the subject of digital currencies and blockchain tech.
The resolution emerged months after the House Committee on Energy and Commerce discussed the technology, and comments from supporters on the debate floor indicated that there was genuine interest in the issue among House members.
Rep. Michael Burgess, a Republican from Texas, said at the hearing:
"There’s no doubt that blockchain innovations are on the cutting edge today."
What remains to be seen is whether the next session of Congress, which will meet after this November's US elections, will take up a more substantive bill focused specifically on bitcoin and blockchain.
However, the bipartisan nature of today's resolution suggests that a bill could be put forward in the next year in either the House or the Senate.
Hat tip to Coin Center
House of Representatives image via Shutterstock
Correction: This article has been updated that Rep. Adam Kinzinger represents Illinois, not Indiana, in the US House of Representatives.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere
Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.
What to know:
- Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
- Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
- BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.
Top Stories
