The resolution, H. RES. 111, expresses support for blockchain technology and digital assets in the United States. It emphasizes the importance of understanding and fostering technological advancements that could improve the financial system and expand access to financial...
Simple Explanation
H. RES. 111 is a proposal where the grown-ups in charge want to say they like cool new things called blockchain and digital money. They also want to make rules that keep people safe while using them but wish for the rules to be clear and fair.