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....
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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 […]
A newly introduced blockchain bill aims to provide a "welcoming" environment for fintech companies in a bid to stimulate growth and jobs.
XRP investors don't want to have their holdings lumped in with Ripple's. Several investors in XRP have filed with a Rhode Island court, looking to change the course of the Securities and Exchange Commission's case against Ripple. In response to what it calls "the most significant SEC enforcement action in modern history," the Friday filing is a petition for a "writ of mandamous." A "mandamus" is effectively just an order that a public official — in this case, the chairman of the SEC — does their job. The filers are calling upon new Acting Chairman Elad Roisman to alter the course that his....
Elon Musk strikes again! Via Yahoo! Money we receive the story of Kyle Seyboth, a Rhode Island realtor. He accepted 160,000 DOGE, “worth about $50,000 (or around $0.31 per digital coin) at the time” for a plot of land. While the people involved in the Real Estate deal sorted out the contracts, DOGE went to […]
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....