U.S. House Passes Bill to Promote Blockchain Technology

According to BlockBeats, the U.S. House of Representatives has passed a bill aimed at advancing blockchain technology. The legislation, known as the Deploying American Blockchains Act, directs the Department of Commerce to take several actions to enhance the country's competitiveness in this field. The bill mandates the Department of Commerce to develop policies that boost the United States' competitive edge, coordinate the adoption of blockchain technology across various agencies, issue relevant guidelines, and support the development of open-source infrastructure.