Express

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

Last Update:

Tags: ,,
Link: Distributed Ledgers Included in Tech ‘Focus’ Bill Passed by US Senate   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 16 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago
  • You need to login to comment.