Description

Introduced Blockchain Integrity Act (HR 8266)

On 7 May 2024, the Blockchain Integrity Act (HR 8266) was introduced in the US House of Representatives. The Bill would apply to financial institutions and prohibit them from handling, using, or transacting with any incoming or outcoming funds routed through a digital asset mixer operating on a cryptographically secured distributed ledger. The Bill defines a digital asset mixer as a "website, software, or other service designed to conceal or obfuscate the origin, destination, and counterparties of digital asset transactions".

Original source

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Prohibition of goods and services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), platform intermediary: other
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2024-05-07
under deliberation

On 7 May 2024, the Blockchain Integrity Act (HR 8266) was introduced in the US House of Representat…