; (2) tokens and blockchain technology are driving innovation and providing consumers with increased choice and convenience; (3) the use of tokens and blockchain technology is likely to increase in the future; (4) the Federal Trade Commission is responsible for protecting consumers from unfair or deceptive acts or practices, including relating to tokens; (5) the Commission has previously taken action against unscrupulous companies and individuals that committed unfair or deceptive acts or practices involving tokens; and (6) to bolster the Commission’s ability to enforce against unfair or deceptive acts or practices involving tokens, the Commission should ensure staff have appropriate training and resources to identify and pursue such cases. 303. Report on unfair or deceptive acts or practices in transactions relating to tokens 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.