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Darren Soto’s Blockchain Bills Gain Traction on Capitol Hill

Soto was able to get his “Digital Taxonomy Act,” which he brought out in April 2019 with the backing of U.S. Rep. Warren Davidson, R-Ohio. The bill would have the U.S. Department of Commerce and the Federal Trade Commission (FTC) study the “state of blockchain technology in commerce, including its use to reduce fraud and increase security.”
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