U.S. Reps. Doris Matsui and Brett Guthrie have recently proposed a bill dubbed the "Blockchain Promotional Act 2018" in the House of Representatives, according to an announcement on Matsui’s website Monday, Oct. 1.
The release notes that current definitions of blockchain technology in different draft bills differ. For this reason, the bill proposes that the U.S. Department of Commerce creates a working group formed both by federal officials and members of the blockchain industry to form a common definition of blockchain.