BRIDGE Digital Assets Act
The BRIDGE Digital Assets Act establishes a joint 20-member advisory committee between the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC). The committee includes equal representation from digital asset issuers, traders, researchers, and users to advise regulators on rules for digital assets and blockchain technology. It requires the agencies to publicly review the committee's findings within 3 months and explain any decisions not to act. The bill defines key terms like "digital asset" (a transferable digital value recorded on a secure ledger) and "blockchain" to guide future regulatory work.
Bill status
in committee
1 of 4 stages cleared
Introduction
Sep 2024
Committee Review
Floor Vote
President
Introduced Sep 12, 2024
Last action Oct 8, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
Oct 8, 2024
Committee
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
lower
Sep 12, 2024
Committee
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Sep 12, 2024
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
John W. Rose
RRepublican
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