News and reports from the Department of Commerce.

"Coincidence or Coordinated? The Administration’s Attack on the Digital Asset Ecosystem" was a live broadcast hearing on March 9 presented by the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion.

This year's Economic Report of the President highlighted the risks of cryptocurrency and dismissed its benefits.

U.S. Commerce Secretary Gina Raimondo's trip to India earlier this month gave officials from both nations a chance to meet and resulted in signing of an understanding about a semiconductor supply chain partnership, according to news releases

U.S. Department of Commerce's National Telecommunications and Information Administration is seeking public comment about the nation's airwaves technologies.

U.S. Department of Commerce recently announced antidumping and countervailing duty suspension agreements on white grape juice concentrate from Argentina.

The Southern California Chapter of the Association of Certified Anti-Money Laundering Specialists (ACAMS) recently released a report which details how China engages in trade-based money laundering (TBML) to legitimize the profits of criminal activities by utilizing intermediaries in the U.S. and Mexico. Experts estimate that between $294 billion and $736 billion USD is laundered through the Chinese economy each year.

Representatives of the U.S. Department of Commerce and the Office of the United States Trade Representative traveled to Indonesia last week for the second round of negotiations in the Indo-Pacific Economic Framework for Prosperity.

Two U.S. Commodity Futures Trading Commission (CFTC) appointees, who were featured speakers at the D.C. Blockchain Summit this week, want the SEC and CFTC to create a framework that would classify digital assets.

While some digital asset analysts have voiced concerns that the actions the U.S. Securities and Exchange Commission (SEC) has taken against stablecoins could push innovation out of the U.S. into other countries, two economists told the Federal Newswire that they don't share those concerns. Steve H. Hanke, a professor of applied economics at Johns Hopkins University, and Matt Sekerke, a fellow at the Johns Hopkins Institute for Applied Economics, Global Health and the Study of Business Enterprise, said they believe stablecoin issuers will not leave the U.S. because they benefit from access to the U.S. dollar and financial institutions.

The U.S. Patent and Trademark Office is making it easier for budding inventors with the debut of its Council for Inclusive Innovation First-Time Filer Expedited Examination Pilot Program.

The Department of Commerce’s National Telecommunications and Information Administration (NTIA) has kicked off a request for comment on identifying airwaves for innovative and intensive uses.

Some experts have expressed concern that U.S. actions targeting stablecoins could threaten the U.S. dollar's (USD) global prominence, but Benn Steil, a senior fellow and the director of international economics at the Council on Foreign Relations, told the Federal Newswire that he believes the USD will not be weakened by stablecoins pegged to other currencies.

U.S. Department of Commerce announced the National Institute of Standards and Technology will restart its research reactor.

U.S. Secretary of Commerce Gina Raimondo has congratulated Boeing and the Kingdom of Saudi Arabia's agreement to purchase Boeing aircraft, calling it 'one of the largest commercial agreements in the history of the U.S.-Saudi partnership.'

Assistant Secretary of Commerce for Economic Development Alejandra Castillo said the U.S. Department of Commerce’s Economic Development Administration (EDA) is building a more equitable and resilient economy for all Americans.