Report on unfair or deceptive acts or practices in transactions relating to tokens
Title III — Token Taxonomy
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No wording changed between Committee version and Passed the House.
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Not later than 1 year after the date of the enactment of this Act, the Federal Trade Commission shall submit to the Committee on Energy and Commerce of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate, and make publicly available on the website of the Commission, a report on— (1) any actions taken by the Commission relating to unfair or deceptive acts or practices in transactions relating to tokens; (2) any other efforts of the Commission to prevent unfair or deceptive acts or practices relating to tokens; and (3) any recommendations by the Commission for legislation that would improve the ability of the Commission and other relevant Federal agencies to further protect consumers from unfair or deceptive acts or practices in the token marketplace.
Not later than 1 year after the date of the enactment of this Act, the Federal Trade Commission shall submit to the Committee on Energy and Commerce of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate, and make publicly available on the website of the Commission, a report on— (1) any actions taken by the Commission relating to unfair or deceptive acts or practices in transactions relating to tokens; (2) any other efforts of the Commission to prevent unfair or deceptive acts or practices relating to tokens; and (3) any recommendations by the Commission for legislation that would improve the ability of the Commission and other relevant Federal agencies to further protect consumers from unfair or deceptive acts or practices in the token marketplace.
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