U.S. lawmakers propose bipartisan resolution supporting blockchain and digital assets

ChainCatcher News, bipartisan members of the U.S. House of Representatives have introduced a resolution supporting blockchain technology and digital assets.

On February 5, Dusty Johnson (Republican-South Dakota), Chairman of the House Agriculture Committee's Subcommittee on Commodity Markets, Digital Assets, and Rural Development, along with Ranking Member Don Davis (Democrat-North Carolina), Bryan Steil (Republican-Wisconsin), Chairman of the House Financial Services Committee's Subcommittee on Digital Assets, Financial Technology, and Inclusion, and Ranking Member Ritchie Torres (Democrat-New York) announced the proposal.

The resolution highlights the economic potential of digital assets, the necessity for regulatory clarity, and the role of blockchain in enhancing transparency and efficiency. It also warns that without clear regulations, the U.S. risks losing innovation to countries with more defined legal frameworks. Following the resolution's introduction, lawmakers issued statements emphasizing the urgency of regulatory action.