118th Congress · HOUSE BILLBILL

H.R. 5966Off-Chain Digital Commodity Transaction Reporting Act of 2023

To amend the Commodity Exchange Act with respect to reporting digital commodity transactions.

Finance and financial sector
Introduced Oct 17, 2023
Last action Jan 18, 2024
Pipeline · Bill → Law
Step 1
Introduced
Oct 17, 2023
Step 2
Referred
Jan 18, 2024
Agriculture
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

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.

Provisions · 4 sectionsIntroduced in House
Timeline · 3 actions
Jan 18, 2024
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
Oct 25, 2023
Referred to the House Committee on Agriculture.
Oct 17, 2023
Introduced in House