Finance & Technology
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WASHINGTON, D.C. – This week, Congressman Darren Soto (D-FL-09) introduced two bipartisan bills, the Virtual Currency Consumer Protection Act of 2021 and the U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2021, to help prevent virtual currency price manipulation and position the United States to be a leader in the cryptocurrency industry.
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.
WASHINGTON, D.C. — Today, during an Energy and Commerce Committee hearing, Congressman 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.
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.
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.
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).
WASHINGTON, D.C. - Yesterday, Congressman Darren Soto’s bills, the Digital Taxonomy Act (H.R. 2154) and the Blockchain Innovation Act (H.R.
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.
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.