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HR 3533

Blockchain Regulatory Certainty Act

119th Congress Introduced by Warren Davidson and 4 co-sponsors

The Blockchain Regulatory Certainty Act clarifies regulations for blockchain, enhancing consumer protections while fostering innovation for companies and startups in the U.S.

Introduced in House
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WeVote Research Nonpartisan
Bill Summary · HR 3533

Summary of HR 3533: Blockchain Regulatory Certainty Act

Bill Number: HR 3533
Introduced On: May 21, 2025
Current Status: Introduced in House
Referred To: House Committee on Financial Services
Primary Sponsor: Tom Emmer
Cosponsors: Ritchie Torres, Josh Gottheimer, Bill Huizenga

Purpose and Intent

The Blockchain Regulatory Certainty Act aims to provide clarity and regulatory certainty for blockchain technology and digital assets within the United States. The bill seeks to establish a framework that recognizes the unique characteristics of blockchain technology, thereby fostering innovation while ensuring consumer protection and financial stability.

Key Provisions

  1. Definition of Blockchain Technology:

    • The bill defines blockchain technology and its applications, ensuring that regulatory bodies understand its unique attributes.

  2. Regulatory Framework:

    • Establishes guidelines for federal and state regulators to follow when assessing blockchain-based entities and transactions.
    • Encourages a collaborative approach between regulators and industry stakeholders to develop best practices.

  3. Consumer Protection:

    • Mandates that any blockchain-related financial products must adhere to existing consumer protection laws.
    • Requires transparency in transactions and disclosures to consumers regarding risks associated with blockchain technology.

  4. Innovation Encouragement:

    • Promotes the development of blockchain technology by reducing unnecessary regulatory burdens that could stifle innovation.
    • Supports research and development initiatives in the blockchain space.

  5. Exemptions for Certain Transactions:

    • Provides exemptions for specific types of blockchain transactions from certain regulatory requirements, aiming to streamline processes for startups and small businesses.

Who Would Be Affected

  • Blockchain Companies: Startups and established companies utilizing blockchain technology will benefit from clearer regulations and reduced compliance burdens.
  • Consumers: Individuals engaging with blockchain-based products will have enhanced protections and clearer information regarding their transactions.
  • Regulatory Bodies: Federal and state regulators will receive guidance on how to approach blockchain technology, potentially leading to more consistent enforcement and oversight.

Procedural Aspects

  • The bill was introduced and referred to the House Committee on Financial Services on May 21, 2025.
  • As of now, it is in the early stages of the legislative process, and further actions will determine its progression through Congress.

Conclusion

The Blockchain Regulatory Certainty Act represents a significant step towards establishing a supportive regulatory environment for blockchain technology in the U.S. By clarifying definitions and creating a framework for regulation, the bill aims to balance innovation with consumer protection, potentially positioning the U.S. as a leader in blockchain development.

Compiled from official sources — confirm details with the bill’s official record.

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