This bill directs the Department of the Treasury to submit a report to Congress on virtual currencies and their global use. The report must (1) assess how foreign countries use and mine virtual currencies; (2) identify, to the greatest extent practicable, the types and dollar value of virtual currency mined for FY2016-FY2022 within the United States and globally; and (3) identify vulnerabilities and opportunities with respect to virtual currency mining operations.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Foreign Trade and International Finance
A bill to require the Secretary of the Treasury to submit to Congress a report on virtual currencies and global competitiveness.
USA117th CongressS-2864| Senate
| Updated: 9/27/2021
This bill directs the Department of the Treasury to submit a report to Congress on virtual currencies and their global use. The report must (1) assess how foreign countries use and mine virtual currencies; (2) identify, to the greatest extent practicable, the types and dollar value of virtual currency mined for FY2016-FY2022 within the United States and globally; and (3) identify vulnerabilities and opportunities with respect to virtual currency mining operations.