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  2. Crypto bills in Congress
  3. H.R.7614
H.R.7614117th Congress·Introduced 2022-04-28

Is The Bill "Digital Commodity Exchange Act of 2022" Crypto Friendly?

Based on 1 published commentary, this bill is very pro-crypto.

Very Pro-Crypto
About this bill

This bill allows for the regulation and registration of digital commodity exchanges subject to oversight by the Commodity Futures Trading Commission. The bill establishes the conditions for the sale of digital commodities, the registration of exchanges, and sets forth other requirements.

Official title: To provide for orderly and secure digital commodity exchange markets, and for other purposes.

Introduced
2022-04-28
Status
Introduced and Sponsored
Legislature
117th Congress
Stance on Crypto
Very Pro-Crypto
From 1 published commentary

Scores reflect how a bill would affect crypto if enacted, from very anti-crypto to very pro-crypto, based on the commentary below.

Support in Congress
  • Sponsors1 Republican1
  • Cosponsors3 Democrats · 3 Republicans6
Read the bill
Read on Congress.govView on GovTrack

Commentary

Add Commentary
Profile picture of Stand With Crypto
Stand With Crypto
Primary
marked this bill asVery Pro-Crypto

The Digital Commodity Exchange Act of 2022 has the potential to significantly impact the digital asset market. If passed, it will create a robust regulatory framework that will increase investor protection and maintain market integrity. The legislation also seeks to ensure transparency and fairness in the digital asset market, as well as provide a framework for the enforcement of the law. Additionally, the bill could have a long-term impact on the digital asset market, as it sets the stage for future regulation and innovation.

https://1guajiro.medium.com/hr7164-digital-commodity-exchange-actoverview-of-h-r-7614-76894dce4cb0

Where Congress stands

Every member who has sponsored, cosponsored or voted on this bill. Pick a vote to see how each member voted on it, or narrow by party, name or state.

Sponsors

1

1 Republican

  • Profile picture of Glenn Thompson
    Glenn Thompson
    PA-15

Cosponsors

6

3 Democrats · 3 Republicans

Democrats3

  • Profile picture of Ro Khanna
    Ro Khanna
    CA-17
  • Profile picture of Darren Soto
    Darren Soto
    FL-9
  • Profile picture of Eric Swalwell
    Eric Swalwell
    CA-14

Republicans3

  • Profile picture of Byron Donalds
    Byron Donalds
    FL-19
  • Profile picture of Tom Emmer Jr.
    Tom Emmer Jr.
    MN-6
  • Profile picture of Dusty Johnson
    Dusty Johnson
    Rep. · SD