TagBlockchain Bill

'An Epic Fail': Colorado Blockchain Bill Hits the Skids

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The bill would have exempted certain digital currencies from being regulated as securities under the Colorado Securities Act. Colorado's blockchain bill, House Bill 1426, would have also been a boon for innovation in the state was making its way through the State Assembly but got derailed abruptly on Wednesday in a vote. HB 1426 was all but on its way to the governor's desk after seemingly...

Delaware Governor Signs Blockchain Regulation Bill into Law

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The governor of Delaware has officially signed a bill into law that recognizes the trading of stocks on the blockchain. In April, the Corporation Law Section of the Delaware State Bar Association (DSBA) had approved Delaware Law Amendments with the intention of delivering statutory authority for businesses in the state to use the blockchain to maintain corporate records. Passing the House at the...

Nevada Approves Legislation to Kill Blockchain Taxation

Nevada has become the first U.S. state to approve a bill that prohibits local government from imposing taxation restrictions on the use of the blockchain technology. It was previously reported by CCN that Nevada lawmakers had sent Senate Bill 398 to Governor Brian Sandoval's office for signatory approval early this week. The bill was first proposed by senator Ben Kieckhefer on 20 March to...

Nevada Senate Votes to Recognize Blockchain Tax Ban Bill

Nevada Blockchain Bill

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...

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