Rhode Island Lawmakers Hope to Boost State Economy With Blockchain-Friendly L...

Rhode Island Lawmakers Hope to Boost State Economy With Blockchain-Friendly L...

A newly introduced blockchain bill aims to provide a "welcoming" environment for fintech companies in a bid to stimulate growth and jobs.


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Rhode Island introduces ‘vital’ blockchain growth act

A new Rhode Island House bill aims to revamp state legislature to create a regulatory environment more conducive to “vital” blockchain growth. A new bill introduced to the Rhode Island state legislature aims to boost the state’s economy by opening up the “Ocean State” to blockchain innovators.Dubbed the Rhode Island Economic Growth Blockchain Act, the bill was introduced on Feb. 8 by Republican House representatives David Place and Blake Filippi. The bill states that the proposed creation of a regulatory sandbox in Rhode Island was spurred by the need to compete in the twenty-first-century....

Rhode Island Dangles Crypto Rewards For Home Builders With Low Carbon Emission

According to a February 2021 CNBC report, the carbon footprint of Bitcoin, the world’s largest crypto, is similar to that of New Zealand, with both generating approximately 37 megatons of carbon dioxide into the environment each year. In Rhode Island’s House of Representatives, a bill has been introduced that would reward a home builder with […]

Rhode Island proposes crypto rewards for green home builders

The Ocean State’s legislature is looking to tackle the housing shortage and ensure new projects are going green by incentivizing builders with crypto rewards. A bill was proposed in Rhode Island’s House of Representatives that would credit a house builder in a “green coin” cryptocurrency for reducing the project's carbon footprint.The Green Housing Public-Private Partnership Act would oblige the state’s public utility commission to issue annual reports on the utility costs and carbon emissions of a housing project. If the project has been able to reduce its utility costs, the state will....

Boost – The Future of Decentralized Finance Brings New App Boost DeFi to iOS ...

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Isle of Man to Focus on Blockchain for the Nation’s FinTech

Known as the Bitcoin Island, the Isle of Man is turning its attention to blockchain to boost its FinTech and digital payments sector as it continues its efforts at establishing digital businesses on the island. After the Isle of Man’s Gambling Supervision Commission (GSC) and Treasury approved changes to the island’s gambling regulation last year, allowing currencies such as bitcoin to be accepted as cash, the island is hoping the adoption of blockchain applications will give the island the push it needs to further establish itself. Brian Donegan, from the Isle of Man Government Department....