Altcoins Talks - Cryptocurrency Forum
Further Discussions => Legality & Taxation of Cryptos => Topic started by: Goodcat49 on March 05, 2019, 01:56:34 PM
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Legislators from the state of Utah, U.S. officially introduced a bill “UT SB0213” that would prevent blockchain technology companies from being classified as money transmitters.
Last week, Daniel Hemmert, a Republican senator, filed Senate Bill 213 suggesting that an individual that participates or helps in the “creation, exchange or sale” of particular distributed ledger technology (DLT)-related items should be exempted from the Money Transmitter Act of the state.
This particular bill further aims at creating a legislative group known as “Blockchain Pilot Project Evaluation Task Force” to properly revise and examine the potential of this innovative technology in government services.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/utah-blockchain-bill/
(https://coinidol.com/upload/resize_cache/iblock/be0/900_900_1/be015fba0a1e569be5a689faf82debd4.png)