PASSED: RI S2198 Sub A to establish Legislative Commission to study Blockchain & Cryptocurrency clears first hurdle in Senate AI/Emerging Tech Committee. Heading to the Senate floor.
Tomorrow, the @RISenate AI & Emerging Technology Committee is scheduled to vote on Substitute A to S2198, a resolution creating a Special Legislative Commission to study blockchain & cryptocurrency policy in Rhode Island.
Importantly, S2198 Sub A is a Senate Resolution, therefore it does not require House passage to take effect. The Rhode Island Senate passed a similar resolution unanimously last year.
https://t.co/4nXXcicmEJ
The substitute expands the commission from 5 members to 10 members, adding experts from:
• academia
• financial institutions
• federal securities law
• blockchain technology
• cryptocurrency
This updated structure strengthens the commission, broadens stakeholder representation, and clears a more direct pathway for Rhode Island to seriously study blockchain, Bitcoin, and digital asset policy.
Rhode Island is moving from ignoring these technologies to formally studying how to become a more forward-thinking and competitive state while balancing appropriate consumer protections.
Bravo to @SenLouDiPalma and others who have championed this undertaking.
@BitcoinMagazine@Bitcoin_Laws@bitcoinpolicy@standwithcrypto
Beneath the Ocean State’s blue skies
Where hope’s bright anchor firmly lies
We honor those who stood and fell
Whose silent courage histories tell
From the cities to the sea
They paid the price to keep us free
We build on their legacy
Fix the money, fair and free
#WhyWeAreHere
@halstonvalencia@SenWarren Equally frustrating day for @SenJackReed, who provided reflexive votes and didn’t listen to the dozens of @RIBitcoiners that called his office over the past few days. Voted in-step with Warren on everything, even for bipartisan amendments.
Remarkably good panel at @TheBitcoinConf discussing the impactful work going on at the state level regarding bitcoin policy.
Worth the watch with @Beiwatch, @RepDanaCriswell and @Arceris_btc.
https://t.co/GOQkyYhNcD