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Bill S3915, which prohibits public officials from accepting virtual currency and non-fungible tokens as gifts, was introduced and referred to the Senate State Government, Wagering, Tourism & Historic Preservation Committee.
California, New York, others advance crypto regulations, reports Protocol
New Jersey approved bill A-2891, which is known as the Digital Asset and Blockchain Technology Act, to regulate growing cryptocurrency companies and transactions in the state.
New Jersey introduced Assembly Bill 2891, entitled "Digital Asset and Blockchain Technology Act."
Governor signed S2297 and A5111 into law, establishing the New Jersey Blockchain Initiative Task Force and creating the Innovation District Designation Program.
The task force will study blockchain technology, including:
The Bureau of Securities issued two emergency orders to stop online cryptocurrency-related investment entities from fraudulently offering unregistered securities in New Jersey.
The State of New Jersey introduced an Act creating the New Jersey Blockchain Initiative Task Force to study if State, county, and municipal governments can benefit from a transition to a blockchain-based system for recordkeeping and service delivery.
Elizabeth Boisin
Washington, D.C.
Partner
Richard Schaberg
Washington, D.C., New York
Peter M. Marta
New York
Sara C. Lenet
Washington D.C.
Evan Koster
Aaron Cutler
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