Expressing support for blockchain technology and digital assets.

HRES 604 is a non-binding House resolution expressing congressional support for blockchain technology and digital assets. It states the House believes the U.S. should prioritize understanding blockchain's potential, foster innovation to improve financial systems, and develop a tailored regulatory framework to prevent digital asset development from shifting to less regulated countries. The resolution emphasizes that blockchain can enhance transparency, reduce costs, and provide consumer benefits while advocating for a framework consistent with existing investor protections. It directly addresses the digital asset industry and U.S. competitiveness but does not create new laws or alter existing regulations.