S-1492 : Still Just a Bill

The Deploying American Blockchains Act of 2025 (S. 1492) aims to bolster the United States' leadership in blockchain technology. Key provisions include:

• Secretary of Commerce Role: Designates the Secretary of Commerce as the principal advisor to the President on blockchain-related policy.
• National Blockchain Deployment Advisory Committee: Establishes an advisory committee to provide recommendations on blockchain technology's deployment, use, and competitiveness. The committee will include representatives from Federal agencies and covered nongovernmental representatives with expertise in blockchain technology. The advisory committee will automatically terminate 7 years after the enactment of this Act.
• Best Practices Development: Mandates the Secretary to facilitate the development of best practices for blockchain deployment, focusing on technological advancement, interoperability, security, and cost savings.
• Reporting Requirements: Requires the Secretary to submit interim reports to Congress on the activities undertaken, recommendations for further legislation, and emerging risks and trends in blockchain technology. A final report containing the findings, conclusions, and recommendations of the Advisory Committee will be submitted 18 months before the termination of the Advisory Committee.

In short, the bill seeks to coordinate federal efforts, promote blockchain innovation, and ensure U.S. competitiveness in the rapidly evolving blockchain landscape.