This is a very significant development from our previous discussions. The passage of the "Deploying American Blockchains Act" (H.R. 1664) in the House of Representatives is a major milestone for the blockchain industry in America.

What Does This Step Mean?

* Strong Political Validation: The passage of the bill in the House shows majority support and serious political will to make the promotion of blockchain technology an official policy. It is no longer just an idea, but a legislative proposal that has passed its first major hurdle.

* Positive Signals for the Industry: This sends a very positive signal to innovators, investors, and companies in the crypto sector. The U.S. government shows intent to nurture, not hinder, the growth of this technology.

* A Step Forward, Not a Finish Line: It is important to remember that this bill has not yet become law. It has only completed one of two major legislative rounds.

What Are the Next Steps in the Senate?

The journey of this bill now continues to the Senate, where the process will be similar to that in the House:

* Introduction & Referral to Committee: This bill will be officially introduced in the Senate and referred to the relevant committee (most likely the Committee on Commerce, Science, and Transportation).

* Committee Review: The Senate Committee will review the bill, hold hearings, and may propose changes (amendments). This is a crucial stage where intense lobbying and negotiations often occur.

* Full Debate & Voting: If the committee passes the bill, it will be brought before all Senate members for debate and voting. A majority vote (at least 51 out of 100 Senators) is required to pass.

* Toward the President's Desk: If the Senate passes the bill with the exact same version as the House of Representatives, it will be sent to the President to be signed into law. If the Senate makes changes, both chambers (House and Senate) must agree on an identical final version before it is sent to the President.

Conclusion:

The passage of H.R. 1664 in the House of Representatives is a major victory for blockchain supporters in the U.S. It moves the U.S. one step closer to having a national pro-innovation framework. Now, all eyes will be on the Senate, where the fate of this bill will be determined next. Its success in the Senate will be decisive for whether the U.S. officially declares its commitment to leading the global blockchain revolution.#US $BTC