GA passes bill to streamline regulations
for blockchain financial applications

Scott Blake

07/08/2019

HOUSE MAJORITY LEADER K. Joseph Shekarchi sponsored a bill to streamline regulations for financial transactions using blockchain technology to make Rhode Island more appealing for businesses using the emerging technology. / COURTESY R.I. GENERAL ASSEMBLY

PROVIDENCE – The General Assembly has recently approved legislation that would clarify and streamline regulations for financial transactions using blockchain technology. The bill had not yet been transmitted to Gov. Gina M. Raimondo for her signature as of July 8, according to General Assembly spokesman Greg Pare. Under House and Senate bills, the state would…

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