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H.R. 5966 · 118th Congress

Off-Chain Digital Commodity Transaction Reporting Act of 2023

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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

DBD BeyerSponsor

No cosponsors.

Off-Chain Digital Commodity Transaction Reporting Act of 2023

What it does: CRS summary · Introduced in House · Oct 17, 2023

Off-Chain Digital Commodity Transaction Reporting Act of 2023

This bill requires all digital asset commodity transactions to be reported to a trade repository registered with the Commodity Futures Trading Commission. This includes transactions executed on or off a trading platform. The bill also requires sellers to deliver a digital commodity not less than 24 hours after the transaction.

Digital asset repositories of transactions are subject to similar requirements established for swap data repositories.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Off-Chain Digital Commodity Transaction Reporting Act of 2023

Latest action (Jan 18, 2024): Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Oct 17, 2023

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.