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Off-Chain Digital Commodity Transaction Reporting Act of 2023

USA118th CongressHR-5966| House 
| Updated: 1/18/2024
Donald S. Beyer

Donald S. Beyer

Democratic Representative

Virginia

Commodity Markets, Digital Assets, and Rural Development Subcommittee, Agriculture Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Off-Chain Digital Commodity Transaction Reporting Act of 2023 This bill requires all digital asset commodity transactions to be reported to a trade repository registered with the Commodity Futures Trading Commission. This includes transactions executed on or off a trading platform. The bill also requires sellers to deliver a digital commodity not less than 24 hours after the transaction. Digital asset repositories of transactions are subject to similar requirements established for swap data repositories.
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Timeline
Oct 17, 2023
Introduced in House
Oct 25, 2023
Referred to the House Committee on Agriculture.
Jan 18, 2024
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
  • October 17, 2023
    Introduced in House


  • October 25, 2023
    Referred to the House Committee on Agriculture.


  • January 18, 2024
    Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Finance and Financial Sector

Bank accounts, deposits, capitalBusiness recordsComputers and information technologyCongressional oversightCurrencyDigital mediaFinancial services and investments

Off-Chain Digital Commodity Transaction Reporting Act of 2023

USA118th CongressHR-5966| House 
| Updated: 1/18/2024
Off-Chain Digital Commodity Transaction Reporting Act of 2023 This bill requires all digital asset commodity transactions to be reported to a trade repository registered with the Commodity Futures Trading Commission. This includes transactions executed on or off a trading platform. The bill also requires sellers to deliver a digital commodity not less than 24 hours after the transaction. Digital asset repositories of transactions are subject to similar requirements established for swap data repositories.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Oct 17, 2023
Introduced in House
Oct 25, 2023
Referred to the House Committee on Agriculture.
Jan 18, 2024
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
  • October 17, 2023
    Introduced in House


  • October 25, 2023
    Referred to the House Committee on Agriculture.


  • January 18, 2024
    Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
Donald S. Beyer

Donald S. Beyer

Democratic Representative

Virginia

Commodity Markets, Digital Assets, and Rural Development Subcommittee, Agriculture Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Bank accounts, deposits, capitalBusiness recordsComputers and information technologyCongressional oversightCurrencyDigital mediaFinancial services and investments