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H.R. 4234: To amend the Commodity Exchange Act with respect to the regulation of virtual currencies.

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H.R. 4234: To amend the Commodity Exchange Act with respect to the regulation of virtual currencies.

116th Congress · introduced 2019-09-06 · Finance and Financial Sector · Latest: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2019-09-06 · official record
  2. Who proposed it: Rep. Maloney, Sean Patrick [D-NY-18] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

To amend the Commodity Exchange Act with respect to the regulation of virtual currencies.

Plain summary

This bill provides for data collection by the Commodity Futures Trading Commission (CFTC) regarding virtual currency derivatives. Specifically, a board of trade, contract market, or a swap execution facility that trades a contract or swap referencing a virtual currency must have (1) access to all trade and trader data regarding that virtual currency, and (2) the capability to provide that data to the CFTC upon request.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

To amend the Commodity Exchange Act with respect to the regulation of virtual currencies.

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Maloney, Sean Patrick [D-NY-18] · 0 cosponsors

Cost estimate: No cost estimate published yet.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Rulemaking
The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong116-hr4234 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116