Finance & Technology

More on Finance & Technology

June 23, 2021 Press Release

WASHINGTON, D.C. – Last night, Congressman Darren Soto’s (D-FL-09) bipartisan bills, H.R. 3639, the Blockchain Innovation Act and parts of H.R.

May 26, 2021 Press Release

WASHINGTON, D.C. – Yesterday, Congressman Darren Soto (FL-09) reintroduced H.R. 3543, the Blockchain Technology Coordination Act (BTCA) of 2021 to establish a Blockchain Center of Excellence within the U.S. Department of Commerce. The office would oversee all non-defense related deployment and activities related to blockchain technology within the federal government.

March 25, 2021 Press Release

WASHINGTON, D.C. — Today, during an Energy and Commerce Committee hearingCongressman Darren Soto (FL-09) secured a commitment from Facebook CEO, Mark Zuckerberg, to boost moderation systems to avoid Spanish-language misinformation, especially during election season.

March 10, 2021 Press Release

WASHINGTON, D.C. — This week, Representatives Darren Soto (D-FL) and Warren Davidson (R-OH) reintroduced the Token Taxonomy Act. The legislation establishes much looked-for clarity for businesses, consumers, and regulators operating in the growing U.S. blockchain ecosystem. The bill is cosponsored by Reps.

December 8, 2020 Press Release

WASHINGTON, D.C. -- Today, the U.S. House of Representatives passed the Conference Report to the National Defense Authorization Act (NDAA) for Fiscal Year 2021, which includes two amendments introduced by Rep. Darren Soto (FL-09). H.R. 6395 authorizes $732 billion in discretionary spending for our national defense and sets policy for defense-related activities for Fiscal Year 2021.

September 29, 2020 Press Release

WASHINGTON, D.C. - Today, Congressman Darren Soto’s bills, the Digital Taxonomy Act (H.R. 2154) and the Blockchain Innovation Act (H.R. 8153), passed out of the House incorporated into the Consumer Safety Technology Act (H.R. 8128). 

September 10, 2020 Press Release

WASHINGTON, D.C. - Yesterday, Congressman Darren Soto’s bills, the Digital Taxonomy Act (H.R. 2154) and the Blockchain Innovation Act (H.R.

August 4, 2020 Press Release

WASHINGTON, DC - Today, Congressman David Schweikert (AZ-06), Co-Chair of the Congressional Blockchain Caucus, along with Caucus Co-Chairs Congressman Bill Foster (IL-11), Congressman Tom Emmer (MN-06), and Congressman Darren Soto (FL-09) sent a letter to the Internal Revenue Service (IRS) asking for guidance on the taxation of “block rewards” in a proof of stake network. Currently, taxpayers are not given guidance for how participating in “staking” should be treated, which could result in unintentionally dissuading participation in this new technology. 

July 31, 2020 Press Release

WASHINGTON, D.C. -- Today Congressman Darren Soto (FL-09) announced appropriations wins for Central Florida included in H.R. 7617, the second “minibus” of fiscal year 2021 spending bills: Defense, Commerce-Justice-Science, Energy and Water Development, Financial Service and General Government, Labor-HHS-Education, and Transportation-Housing and Urban Development. 

July 28, 2020 Press Release

WASHINGTON, DC – Last week, Congressman David Schweikert (AZ-06) and Congressman Darren Soto’s (FL-09) bipartisan amendment to increase funding for the FDA to enhance the security and reliability of U.S. supply chains during the COVID-19 pandemic for food, pharmaceuticals, and other essential medical equipment and supplies through technologies such as blockchain passed the House of Representatives. This bipartisan amendment was included in H.R. 7608, the Department of State, Foreign Operations, and Related Programs Appropriations Act of 2021.