118th Congress Finance and Financial Sector
H.R. 5966: Off-Chain Digital Commodity Transaction Reporting Act of 2023
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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 Congressional Research Service, Library of Congress.
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Amendments
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History
- Introduced in the House by Donald Beyer.
Show the full action history (3 actions)
- Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
- Referred to the House Committee on Agriculture.
- Introduced in House