Ohio Bill Enabling Blockchain Use by Government Moves to State Senate
House Bill 220 would enable Ohio's governmental bodies to use blockchain and DLT in their operations if signed into law.
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The man behind a new bill before the Tennessee Senate is seeking to ensure that the Federal Election Commission's (FEC) approval of bitcoin campaign donations will be honored in the southern US state. Introduced on 18th February by state Senator Steven Dickerson, a Republican from Nashville, the aim of Senate Bill 647 is to amend Tennessee Code to accommodate digital currency as an approved payment method. The bill would effectively add "digital currency" so that it is considered a valid monetary contribution to campaigns. Addressing why the bill is necessary, Dickerson painted the measure....
Senators in the state of Nevada have fully supported a blockchain bill that would prevent a local government from taxing or imposing restrictions upon the use of a blockchain. SB 398 was first filed by Ben Kieckhefer on March 20, the bill was introduced to ensure that the State keeps up with the advancements of technology in addition to establishing a legal framework for people utilizing a blockchain and not to do so in a legal gray area. Over a month since the bill was first introduced, senators in the state of Nevada advanced the bill with full backing with a 21-0 vote. During the Senate....
A bill aimed at getting the state of Utah to accept bitcoin for states services passes its first reading in the Senate. The bill has now passed its first Senate reading having already passed through the House of Representatives with a slim majority of 38 Yes votes against 36 No's. Utah state representative Marc K. Roberts introduced the proposal, Bill H.C.R 6, to the Clerk of the House of Representatives on February 10. “THEREFORE, BE IT RESOLVED that the Legislature of the state of Utah, and the Governor concurring therein, recognizes the potential benefits that could come from the....
Friday, Ohio regulators banned Bitcoin-for-alcohol sales in the state. Ohio regulators impose a bizarre ban on bitcoin-for-alcohol transactions in the state. Nikhil Chand, founder of CoinNEO and Bitcoin Boulevard, patiently prodded state regulators about the legality of Bitcoin-for-alcohol transactions. The federal Alcohol and Tobacco Trade Bureau gave him the go-ahead. But when the Ohio Department of Public Safety finally issued an official response, it was not what he had hoped for. "Bitcoin cannot be accepted as payment for alcohol in the State of Ohio," state regulators decided. The....
Representatives of the blockchain industry spoke today at a North Carolina Senate Finance Committee meeting to advocate for a bill that they believe is among the more favorable seen so far at the state legislative level. At the center of discussion today was the state’s Money Transmitters Act, and changes to the legislative framework that would update the rules in accordance with guidance issued by the North Carolina Office of the Commissioner of Banks (NCCOB) last December. Sponsored by Senator Rick Gunn, Senate Bill 680 would update the definition of money transmission to include any....