Privacy professionalsHouse proposal prohibits agencies' use of blockchain tech tied to China
Bipartisan House legislation aims to limit federal government's use of blockchain technologies from entities with ties to the Chinese Communist Party and other foreign adversaries.
The bill aims to address cybersecurity concerns and prevent China from accessing critical national security intelligence and Americans' private information.
Five companies with ties to Chinese firms would be barred from selling blockchain technologies and services to the U.S. government. [ more ]