U.S., a bill on the blockchain

In the U.S. House of Representatives two members have recently proposed a bill dubbed the “Blockchain Promotional Act 2018”. Ana Berman on CoinTelegraph writes that the bill proposes that the U.S. Department of Commerce creates a working group formed both by federal officials and members of the blockchain industry to form a common definition of blockchain.
The working group will also consider recommendations for the National Telecommunications and Information Administration (NTIA) and Federal Communications Commission (FCC) to study the potential impact of blockchain tech.