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Distributed Ledgers Included in Tech ‘Focus’ Bill Passed by US Senate

Amy Liu

Summary: The U.S. Senate has passed the Endless Frontier Act, a bipartisan bill tackling China’s recent technology efforts by creating a new technology directorate that includes blockchain as a main focus. The bill, sponsored by Senate Majority Leader Chuck Schumer (D-N.Y.), passed in a 68-32 vote late Tuesday, includes distributed ledger technologies and cybersecurity as one ...

The U.S. Senate has passed the Endless Frontier Act, a bipartisan bill tackling China’s recent technology efforts by creating a new technology directorate that includes blockchain as a main focus.

The bill, sponsored by Senate Majority Leader Chuck Schumer (D-N.Y.), passed in a 68-32 vote late Tuesday, includes distributed ledger technologies and cybersecurity as one of 10 “key technology focus areas,” following an amendment by Sen. Cynthia Lummis (R-Wyo.). 

By Amy Liu

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