A U.S. bill aimed at boosting computer chip manufacturing is headed to President Biden that would also create a crypto advisory role within his administration.
After a House vote on Thursday, bipartisan legislation passed both houses of Congress to create a new advisor on blockchain and cryptocurrency issues who will work in the Office of Technology Policy.
Congressional Blockchain Caucus co-chair, cryptocurrency proponent, Rep. Darren Soto said, “I’m proud to enact the policies necessary to ensure our government continues to shape innovation.
The White House Office of Science, directed by the President’s executive order on encryption, analyzes the impact of digital assets on climate change and will submit a report later this year. The office sought public comment on the report in March.