Legislators are recognizing the economic and consumer opportunities that blockchain technology can bring and are introducing legislation supporting its growth.


Policymakers are trying to address the rapidly developing regulatory landscape by introducing legislation to keep pace with technological advancement.

Some of these efforts are proactive and forward looking. Others can be detrimental to growth and U.S. competitiveness in a global marketplace. Often news headlines garner significant interest, while the details of the industry and its practices remain largely misunderstood.

States have been active in introducing legislation that: exempts digital tokens from certain laws such as money transmitter laws and blue sky laws, establishes regulatory sandboxes for innovators to test their products, and accepts virtual currency payments for taxes and fees.
Some states introduced legislation that was well-intentioned but could have benefitted from additional guidance from the industry.


The Chamber monitors initiatives at a federal and state level, including tracking legislation, engaging with regulatory agencies, and educating policymakers about the blockchain industry.


Hosted a number of congressional briefings to educate Members of Congress and their staffs about the industry and how to shape policy in a way that protects consumers and promotes blockchain development.

Launched the State Working Group, which convenes thought leaders engaged in advocacy efforts and industry members involved in leading state blockchain initiatives to discuss observations, legislative trends and strategies that promote thoughtful approaches to introducing legislation and promulgating regulations.

Published the Legislators’ Toolkit for Blockchain Technology – offering strategies for legislators to help promote the growth of the industry.

Published the State Blockchain Report Card to measure state legislative support for blockchain technology and its applications.