Digital Commodity Intermediaries Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill provides loosens a appropriation, reporting req, compliance mandate provision: 101, provides loosens a appropriation, compliance mandate, exemption provision: 103, and requires loosens a reporting req, compliance mandate, exemption provision: 104. It relies on compliance mandates, appropriations, reporting requirements, and definition changes. The main policy areas are Finance, Education, Defense, and Environment.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Provides loosens a appropriation, reporting req, compliance mandate provision: 101.
- Provides loosens a appropriation, compliance mandate, exemption provision: 103.
- Requires loosens a reporting req, compliance mandate, exemption provision: 104.
- Adds or tightens a compliance mandate, procurement, definition change provision: 105.
- Expands a appropriation, compliance mandate, procurement provision: 106.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill provides loosens a appropriation, reporting req, compliance mandate provision: 101, provides loosens a appropriation, compliance mandate, exemption provision: 103, and requires loosens a reporting req, compliance mandate, exemption provision: 104.
Key Policy Areas
Finance, Education, Defense, Environment
Primary Purpose
The bill provides loosens a appropriation, reporting req, compliance mandate provision: 101, provides loosens a appropriation, compliance mandate, exemption provision: 103, and requires loosens a reporting req, compliance mandate, exemption provision: 104.
Policy Domains
Sponsors
Legislative Progress
IntroducedRead the second time. Placed on Senate Legislative Calendar under …
Introduced in the Senate. Read the first time. Placed on …
Introduced in Senate
Mr. Boozman (for himself, Mr. Sullivan, and Mr. Tuberville) introduced …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
Key Definitions
Terms defined in this bill
the Chairman of the Commission. The term Office means the Office of the Digital Commodity Retail Advocate established by subsection (b). The term retail participant means a person that— is not an eligible contract participant
a digital asset custodian that— holds digital assets on behalf of a person registered under this Act or a customer of a person registered under this Act
the Chairman of the Commission. The term Office means the Office of the Digital Commodity Retail Advocate established by subsection (b). The term retail participant means a person that— is not an eligible contract participant
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology