Sioux Empire Today

Today, key members of the House Agriculture and Financial Services Subcommittees introduced a resolution supporting blockchain technology and digital assets. Chairman Dusty Johnson (R-S.D.), Ranking Member Don Davis (D-NC), Chairman Bryan Steil (R-WI), and Ranking Member Ritchie Torres (D-NY) are spearheading this initiative.

The resolution aims to address the current regulatory uncertainty faced by developers in the digital asset space. Johnson emphasized the need for a clear regulatory framework, stating, “Digital assets need a regulatory framework to thrive in America. I look forward to working with Rep. Steil to bring clarity to digital assets.”

Steil highlighted the potential of digital assets, saying, “Digital Assets have tremendous unrealized potential.” He expressed his enthusiasm for collaborating with Johnson to create a supportive regulatory environment that encourages innovation while protecting consumers from fraud.

Davis pointed out the transformative power of blockchain technology and digital assets, noting their ability to enhance financial systems and provide equitable access to services. He stressed the importance of establishing regulations that both foster innovation and protect consumers.

Torres echoed these sentiments, describing blockchain technology and digital assets as pivotal for future economic growth and financial inclusion. He underscored the necessity for U.S. leadership in creating a regulatory framework that advances technology while ensuring consumer protection and transparency.

The full text of the House Resolution is available for public viewing.