Blockchain Regulatory Certainty Act
Latest Action
Placed on the Union Calendar, Calendar No. 403.
Official Summary
Official summary has not been imported yet.
GovScope Watchdog™
AI Government Intelligence™The Blockchain Regulatory Certainty Act (H.R. 1747) is a bill introduced in the 118th Congress aimed at providing regulatory clarity for blockchain technology within the financial sector. Although the official summary and full text are not available, the bill's title and policy area suggest it seeks to establish clear guidelines or frameworks for blockchain-related financial activities. The latest recorded action was its placement on the Union Calendar, but the bill ultimately failed or expired without further progress.
H.R. 1747 intended to clarify blockchain regulations in finance but did not advance beyond initial scheduling and expired without enactment.
- The bill focuses on regulatory certainty for blockchain technology in the finance and financial sector.
- It was introduced in the House of Representatives during the 118th Congress.
- The bill was placed on the Union Calendar but failed to progress and expired.
['Financial institutions and businesses involved in blockchain technology', 'Regulators seeking clearer guidance on blockchain-related financial activities', 'Developers and users of blockchain-based financial services']
['Lack of available full text and official summary limits understanding of specific provisions and regulatory mechanisms', 'Potential challenges in implementation due to undefined regulatory scope or authority', 'Unclear oversight and enforcement frameworks given missing detailed bill content']
The bill was introduced in the House during the 118th Congress and placed on the Union Calendar, indicating initial procedural progress. However, it did not advance further and expired, reflecting either limited legislative momentum or competing priorities within the finance and financial sector policy area.
Hidden impact flags detected: 2
GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.
['If enacted, the bill could have influenced regulatory approaches to blockchain technology, potentially encouraging innovation or altering compliance costs.', 'Its failure to pass may maintain existing regulatory uncertainty in the blockchain financial sector.', 'The legislative attempt signals ongoing congressional interest in blockchain regulation, possibly affecting future bills.']
Due to the absence of the bill's full text and official summary, transparency is limited, making it difficult to evaluate the specific regulatory changes proposed. The bill's expiration without enactment highlights the importance of tracking legislative progress and ensuring access to complete documentation for public and stakeholder review.
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