summary
Introduced
05/28/2021
05/28/2021
In Committee
05/31/2021
05/31/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To direct the Federal Trade Commission to transmit to Congress a report on the Commission’s actions related to digital tokens.
AI Summary
This bill directs the Federal Trade Commission (FTC) to submit annual reports to Congress on its actions and efforts to address unfair or deceptive practices related to digital tokens. The bill also seeks to bolster the FTC's ability to enforce against such practices by ensuring its staff have appropriate training and resources. The key purpose is to maintain the United States' leadership in innovation and protect consumers as the use of digital tokens and blockchain technology continues to increase.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Referred to the Subcommittee on Consumer Protection and Commerce. (on 05/31/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/3638/all-info |
| BillText | https://www.congress.gov/117/bills/hr3638/BILLS-117hr3638ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr3638/BILLS-117hr3638ih.pdf.pdf |
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