Bill · H.R. 7732· House(119-HR-7732)
Promoting Innovation in Blockchain Development Act
- Introduced
- 2/26/2026
- Last activity
- 2/26/2026 — Referred to the House Committee on the Judiciary.
- Sponsored by
- Scott Fitzgerald
- Cosponsors
- - 11 - 7
- Introduced
- In Committee
What this bill would do
This bill, titled the "Promoting Innovation in Blockchain Development Act," proposes an amendment to section 1960(a) of title 18, United States Code. The primary goal is to change the language regarding what constitutes a crime under that specific section. It seeks to include those who exercise control over currency, funds, or other value that substitutes for currency.
Yes· 3 of 7
Would business owners be better off under this?+3
Provides legal protections and clarity for business owners operating blockchain platforms.
Does this protect the right to fair treatment by the courts?+3
Enhances due process by requiring specific proof of control over funds for criminal liability.
Would people in their twenties and thirties be better off under this?+2
Likely to benefit young entrepreneurs and developers in the blockchain and fintech space.
The opposite
Does this give the federal government more power?-1
Slightly limits federal prosecutorial power by adding a required element to a criminal statute.
Does this put more rules on large technology companies?-1
Decreases the likelihood of criminal liability for tech developers who do not control the funds.
Who it would affect, and how
Potential Positive Impacts for People
- There are no specific positive outcomes or benefits for individuals or groups of people explicitly described in the provided text.
Potential Negative Impacts for People
- The amendment to section 1960(a) of title 18, United States Code, expands the scope of the law to include anyone who "exercises control over currency, funds, or other value that substitutes for currency." This change could impact individuals based on how they interact with various forms of value as defined in the amendment.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+3Good For Young Adults+2
- Economy And Finance
- Improves Small Business Support+2Improves Economic Growth+1Increases Job Creation+1
- Governance And Ideology
- Improves Due Process+3Increases Federal Power-1
- Social Issues And Justice
- Improves Criminal Sentencing Reform+2
- Education And Technology
- Increases Big Tech Regulation-1
- 9/14/2026
- 3 Cosponsors added.
- 8/3/2026
- 2 Cosponsors added.
- 6/30/2026
- 1 Cosponsor added.
- 6/24/2026
- 1 Cosponsor added.
- 6/23/2026
- 1 Cosponsor added.
- 6/9/2026
- 1 Cosponsor added.
- 5/12/2026
- 1 Cosponsor added.
- 4/27/2026
- 2 Cosponsors added.
- 4/22/2026
- 1 Cosponsor added.
- 4/14/2026
- 1 Cosponsor added.
- 3/26/2026
- 1 Cosponsor added.
- 3/3/2026
- 1 Cosponsor added.
- 2/26/2026
- Referred to the House Committee on the Judiciary.
- 2 Cosponsors added.
- Introduced in House
Earl CarterRepublican · Georgia
Ben ClineRepublican · Virginia
Mike CareyRepublican · Ohio
Warren DavidsonRepublican · Ohio
Shomari FiguresDemocrat · Alabama
Glenn GrothmanRepublican · Wisconsin
Andrew GarbarinoRepublican · New York
Bill HuizengaRepublican · Michigan
Zoe LofgrenDemocrat · California
Michael LawlerRepublican · New York
Greg LandsmanDemocrat · Ohio
Barry MooreRepublican · Alabama
Riley MooreRepublican · West Virginia
Troy NehlsRepublican · Texas
Eric SorensenDemocrat · Illinois
Ritchie TorresDemocrat · New York
Shri ThanedarDemocrat · Michigan
Marc VeaseyDemocrat · Texas