HR 5966
118th Congress
House
Finance and Financial Sector
Bank accounts, deposits, capital
Business records
Computers and information technology
Congressional oversight
Currency
Digital media
Financial services and investments
Off-Chain Digital Commodity Transaction Reporting Act of 2023
Introduced: October 17, 2023
Introduced by:
Beyer, Donald S.
Democratic
· Virginia
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 18, 2024
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
Oct 25, 2023
Referred to the House Committee on Agriculture.
Oct 17, 2023
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
Committees of jurisdiction
2