H.R. 5966 · 118th Congress · House

Off-Chain Digital Commodity Transaction Reporting Act of 2023

Active· Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
Introduced
Oct 17, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Off-Chain Digital Commodity Transaction Reporting Act of 2023

This bill requires all digital asset commodity transactions to be reported to a trade repository registered with the Commodity Futures Trading Commission. This includes transactions executed on or off a trading platform. The bill also requires sellers to deliver a digital commodity not less than 24 hours after the transaction.

Digital asset repositories of transactions are subject to similar requirements established for swap data repositories.

Action Timeline

4
  1. JAN 18, 2024Committee

    Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

  2. OCT 25, 2023IntroReferral

    Referred to the House Committee on Agriculture.

  3. OCT 17, 2023IntroReferral

    Introduced in House

  4. OCT 17, 2023IntroReferral

    Introduced in House

Committees

2

Commodity Markets, Digital Assets, and Rural Development Subcommittee

hsag22

Referred: Jan 18, 2024

Active

Agriculture Committee

hsag00

Referred: Oct 25, 2023

Active