,,iv #aae? ,,congress #b;d ,session ,h4 ,,res4 #aajb ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #bh1 #bjah,mr4 ,emm] 7= himself1 ,mr4 ,soto1 ,mr4 ,s*weik]t1 ,mr4 ,polis1 & ,mr4 ,mc,henry7 submitt$ ! foll[+ resolution2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce1 & 9 addition to ! ,committee on ,f9ancial ,s]vices1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,,resolution ,express+ support = digital curr5cies & block*a9 te*nology4 ,:]eas ! em]g5ce ( block*a9 networks 9 _m ways p>allels ! em]g5ce ( ! int]net at ! end ( ! #bj? c5tury2 ,:]eas ! int]net fl\ri%$ 9 "p due to a light-t\* regulatory approa* embodi$ by ! ,unit$ ,/ates ,gov]nm5t's five pr9ciples = ! ,global ,in=mation ,infra/ructure2 ,:]eas block*a9 networks1 exemplifi$ by digital curr5cies1 c today facilitate critical s]vices su* z value transf] directly betwe5 us]s2 ,:]eas ! global prolif]ation ( sm>t mobile devices may1 :5 comb9$ ) block*a9 networks1 provide bank+ & f9ancial s]vices to ^? :o are und]s]v$ by ! exi/+ f9ancial sector2 ,:]eas block*a9 networks may prove useful = e/abli%+ tru/wor?y dec5traliz$ comput+ s]vices t g beyond value transf]1 includ+ id5tity1 security = ! ,int]net ( ,?+s1 rights managem5t = digital cont5t1 effici5cies 9 insurance1 en]gy1 heal? c>e1 & in/ant execution1 monitor+1 & en=cem5t ( contractual t]ms2 ,:]eas ! ability to record transactions on a block*a9 (f]s new approa*es = ! ,unit$ ,/ates ,gov]nm5t to improve transp>5cy1 prev5t fraud1 enhance citiz5 s]vices1 & e/abli% tru/2 ,:]eas block*a9 te*nology promotes transp>5cy1 effici5cy1 & c]ta9ty across _m bus9ess processes1 :i* increases access to capital1 enc\rages innovation1 promotes job creation1 & /imulates economic gr[?2 ,:]eas =eign gov]nm5ts are explor+ ! use ( block*a9 te*nology to enable gov]nm5t ag5cies to exp]im5t1 build1 & deploy digital s]vices = citiz5s bas$ on block*a9 te*nology2 ,:]eas digital curr5cy companies are /ill f9d+ homes outside ( ! ,unit$ ,/ates1 & o!r c\ntries are devis+ policies & /rategies to embrace ^! new te*nologies2 ,:]eas block*a9 te*nology facilitates new types ( network p>ticipation1 includ+ fundrais+1 access1 & use ?r\gh digital tok5 di/ributions1 :i* ,am]ican bus9esses c use 9 _m innovative ways2 ,:]eas digital curr5cies & tok5s are n homog5e\s1 b in/ead may function z a repres5tation ( _m diff]5t physical or intangible ?+s1 includ+ securities1 digital assets1 data po9ts1 curr5cies1 lic5ses1 records1 & _m o!r items2 & ,:]eas ,unit$ ,/ates f9ancial regulators1 ! ,g5]al ,s]vices ,adm9i/ration 7,,gsa71 & o!r ag5cies h collaborat$ to explore pot5tial use cases to adopt ^! new te*nologies to make gov]nm5t m effici5t & effective3 ,n[1 !re=e1 be x ,t x is ! s5se ( ! ,h\se ( ,repres5tatives t-- 7#a7 ! ,unit$ ,/ates %\ld prioritize accel]at+ ! developm5t ( block*a9 te*nology to support transp>5cy1 security1 & au!ntication 9 a way t recognizes its b5efits & all[s consum] protection :ile support+ future innovation2 7#b7 ! ,unit$ ,/ates ,gov]nm5t %\ld create an environm5t t enables ! ,am]ican private sector to lead on block*a9 innovation & fur!r ! gr[? & success ( block*a9 networks & digital curr5cies2 7#c7 ,unit$ ,/ates ,f$]al ag5cies %\ld "w t[>d a coord9at$ framework to support digital curr5cies & block*a9 te*nology2 7#d7 ! ,unit$ ,/ates %\ld avoid undue re/rictions on block*a9 networks & ! tru/wor?y dec5traliz$ comput+ s]vices !y facilitate2 7#e7 ! ,unit$ ,/ates ,gov]nm5t has a responsibility to prev5t & condemn illicit use ( digital curr5cies & block*a9 te*nology1 & its aim %\ld be to support & en=ce a pr$ictable1 light t\*1 consi/5t1 & simple legal environm5t = s]vices facilitat$ by block*a9 networks2 & 7#f7 ! ,unit$ ,/ates recognizes ! pot5tial b5efits & broad use ( digital curr5cies & block*a9 te*nology to enhance public s]vices1 & enable m bus9ess gr[?1 capital =mation1 & capital inve/m5t4