Representatives Steil and Johnson Introduce Resolution to Support Digital Assets
WASHINGTON, DC – Today, House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Chairman Bryan Steil (WI-01) and House Committee on Commodity Markets, Digital Assets, and Rural Development Chairman Dusty Johnson (SD-AL), introduced a House Resolution expressing support for blockchain technology and digital assets. Following introduction, the Representatives issued the following statements:
“Digital Assets have significant unrealized potential," said Steil. “I am excited to join Congressman Dusty Johnson in formally recognizing the need for Congress to take meaningful action to build a regulatory environment that fosters innovation, protects consumers from fraud, and encourages the development of digital asset technology in the United States.”
“Currently, developers are faced with uncertainty because of a gap in the regulatory framework for commodities and securities. Digital assets need a regulatory framework to thrive in America. I look forward to working with Rep. Steil to bring clarity to digital assets,” said Johnson.
Background:
Today, Representatives Steil and Johnson released a House Resolution expressing support for blockchain technology and digital assets. The text of the resolution can be found here.
Congressman Steil is Chairman of the Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence for the 119th Congress. He is working on frameworks that promote innovation, secure U.S. leadership in digital assets, and protect both consumers and investors from fraud.
The Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence will hold its first hearing entitled “A Golden Age of Digital Assets: Charting a Path Forward” on Tuesday, February 11, 2025, at 2:30 PM.
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