Share this article
BTC
$80,741.40
+
2.07%ETH
$1,590.01
-
0.54%USDT
$0.9996
+
0.02%XRP
$1.9254
-
0.97%BNB
$563.09
-
0.20%USDC
$1.0001
+
0.00%SOL
$111.16
+
3.02%DOGE
$0.1522
+
1.21%TRX
$0.2311
+
0.01%ADA
$0.5993
+
2.78%LEO
$9.0027
+
1.01%TON
$3.1190
+
6.60%LINK
$11.72
+
2.40%XLM
$0.2360
+
3.15%AVAX
$17.25
+
5.88%SHIB
$0.0₄1166
+
1.32%SUI
$2.0824
+
6.99%HBAR
$0.1531
+
7.66%OM
$6.3950
+
4.95%BCH
$280.75
+
1.64%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
US Tech Bill Creates White House Blockchain Adviser Role
Bipartisan legislation approved by Congress to help out computer-chip manufacturing will also establish a new digital assets expert to advise the president.
A U.S. bill to boost computer chip manufacturing that’s heading to President Joe Biden’s desk will also establish a crypto advisory role inside his administration.
The bipartisan legislation, which cleared both chambers of Congress after a House vote on Thursday, will establish a new adviser on blockchain and cryptocurrency issues who will work in the Office of Science and Technology Policy.
STORY CONTINUES BELOW
“I am proud to foster the policy needed to ensure innovation continues to take shape in our government,” said Rep. Darren Soto (D-Fla.), a crypto supporter who is co-chair of the Congressional Blockchain Caucus, in a statement.
The bill, known as the Chips and Science Act, won a number of Republican supporters on an otherwise Democrat-heavy effort that will be counted as a significant political win for the party and President Biden.
The White House’s science office was directed in the president’s executive order on crypto to analyze the effects digital assets are having on climate change and return later this year with a report. The office requested public input on that report in March.
Jesse Hamilton
Jesse Hamilton is CoinDesk's deputy managing editor on the Global Policy and Regulation team, based in Washington, D.C. Before joining CoinDesk in 2022, he worked for more than a decade covering Wall Street regulation at Bloomberg News and Businessweek, writing about the early whisperings among federal agencies trying to decide what to do about crypto. He’s won several national honors in his reporting career, including from his time as a war correspondent in Iraq and as a police reporter for newspapers. Jesse is a graduate of Western Washington University, where he studied journalism and history. He has no crypto holdings.
