# 117-hr-8950: Digital Commodities Consumer Protection Act of 2022

117-hr-8950, Digital Commodities Consumer Protection Act of 2022, is a 117th Congress bill sponsored by Rep. Maloney, Sean Patrick [D-NY-18] (D-NY); status Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-8950
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-8950
- Congress: 117
- Title: Digital Commodities Consumer Protection Act of 2022
- Status: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
- Introduced: 2022-09-22
- Sponsor: Rep. Maloney, Sean Patrick [D-NY-18] (D-NY)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Digital Commodities Consumer Protection Act of 2022 This bill grants exclusive jurisdiction to the Commodity Futures Trading Commission over activity involving digital commodities as specified by the bill. The bill defines digital commodities as fungible digital forms of personal property that can be transferred person-to-person without an intermediary. Excluded from this definition are securities, interests in physical commodities, and U.S.-backed digital currencies. The commission does not have jurisdiction over digital commodities used solely for the purchase or sale of a good or service. Digital commodity platforms (including brokers, custodians, dealers, and trading facilities) must register with the commission and comply with risk management and good governance procedures. The bill also sets forth recordkeeping requirements, conflict of interest standards, and other consumer protections.

## Cosponsors (1)

- Del. Plaskett, Stacey E. [D-VI-At Large] (D-VI), 2022-09-22T00:00:00.000Z

## Related bills

- 117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act
- 117-hr-8373: Right to Contraception Act
- 117-hres-1152: Condemning the atrocity that occurred in Buffalo, New York, on May 14, 2022, in which 10 Americans were killed and 3 were injured, and in which 11 of the 13 vi…
- 117-hr-7910: Protecting Our Kids Act
- 117-hres-1100: Supporting the goals and ideals of National Nurses Week, to be observed from May 6 through May 12, 2022.
- 117-hres-942: Original Black History Month Resolution of 2022

## Sources
- [117-hr-8950 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/8950)

## Related
- [117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act](https://policyrisk.com/legislation/117-hr-1842)
- [117-hr-8373: Right to Contraception Act](https://policyrisk.com/legislation/117-hr-8373)
- [117-hres-1152: Condemning the atrocity that occurred in Buffalo, New York, on May 14, 2022, in…](https://policyrisk.com/legislation/117-hres-1152)
- [117-hr-7910: Protecting Our Kids Act](https://policyrisk.com/legislation/117-hr-7910)
- [117-hres-1100: Supporting the goals and ideals of National Nurses Week, to be observed from Ma…](https://policyrisk.com/legislation/117-hres-1100)
- [117-hres-942: Original Black History Month Resolution of 2022](https://policyrisk.com/legislation/117-hres-942)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-8950 (as of 2025-11-18).