Studies on foreign adversary participation

(a) In general The Secretary of the Treasury, in consultation with the Commodity Futures Trading Commission and the Securities and Exchange Commission, shall, not later than 1 year after date of the enactment of this section, conduct a study and submit a report to the relevant congressional committees that— (1) identifies any digital commodity registrants which are owned by governments of foreign adversaries; (2) determines whether any governments of foreign adversaries are collecting trading data about United States persons in the digital commodity markets; and (3) evaluates whether any proprietary intellectual property of digital commodity registrants is being misused or stolen by any governments of foreign adversaries. (b) GAO study and report (1) In general The Comptroller General shall, not later than 1 year after date of the enactment of this section, conduct a study and submit a report to the relevant congressional committees that— (A) identifies any digital commodity registrants which are owned by governments of foreign adversaries; (B) determines whether any governments of foreign adversaries are collecting trading data about United States persons in the digital commodity markets; and (C) evaluates whether any proprietary intellectual property of digital commodity registrants is being misused or stolen by any governments of foreign adversaries. (c) Definitions In this section: (1) Digital commodity registrant The term digital commodity registrant means any person required to register as a digital commodity exchange, digital commodity broker, or digital commodity dealer under the Commodity Exchange Act. (2) Foreign adversaries The term foreign adversaries means the foreign governments and foreign non-government persons determined by the Secretary of Commerce to be foreign adversaries under section 7.4(a) of title 15, Code of Federal Regulations. (3) Relevant congressional committees The term relevant congressional committees means— (A) the Committees on Financial Services and Agriculture of the House of Representatives; and (B) the Committees on Banking, Housing, and Urban Affairs and Agriculture, Nutrition, and Forestry of the Senate.

(a) In general The Secretary of the Treasury, in consultation with the Commodity Futures Trading Commission and the Securities and Exchange Commission, shall, not later than 1 year after date of the enactment of this section, conduct a study and submit a report to the relevant congressional committees that— (1) identifies any digital commodity registrants which are owned by governments of foreign adversaries; (2) determines whether any governments of foreign adversaries are collecting trading data about United States persons in the digital commodity markets; and (3) evaluates whether any proprietary intellectual property of digital commodity registrants is being misused or stolen by any governments of foreign adversaries. (b) GAO study and report (1) In general The Comptroller General shall, not later than 1 year after date of the enactment of this section, conduct a study and submit a report to the relevant congressional committees that— (A) identifies any digital commodity registrants which are owned by governments of foreign adversaries; (B) determines whether any governments of foreign adversaries are collecting trading data about United States persons in the digital commodity markets; and (C) evaluates whether any proprietary intellectual property of digital commodity registrants is being misused or stolen by any governments of foreign adversaries. (c) Definitions In this section: (1) Digital commodity registrant The term digital commodity registrant means any person required to register as a digital commodity exchange, digital commodity broker, or digital commodity dealer under the Commodity Exchange Act. (2) Foreign adversaries The term foreign adversaries means the foreign governments and foreign non-government persons determined by the Secretary of Commerce to be foreign adversaries under section 7.4(a) of title 15, Code of Federal Regulations. (3) Relevant congressional committees The term relevant congressional committees means— (A) the Committees on Financial Services and Agriculture of the House of Representatives; and (B) the Committees on Banking, Housing, and Urban Affairs and Agriculture, Nutrition, and Forestry of the Senate.