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Rhode Island Blockchain Act Seeks Regulatory Clarity for Crypto, Representative Place Explains

Rhode Island Blockchain Act Seeks Regulatory Clarity for Crypto, Representative Place ExplainsRhode Island Blockchain Act Seeks Regulatory Clarity for Crypto, Representative Place Explains

Although Rhode Island’s recent Blockchain Act does not explicitly reference cryptocurrencies, the bill aims to provide regulatory clarity for them.

“If you look at the legislation, it doesn’t necessarily mention crypto specifically, but when it talks about complex financial instruments and things of that nature, that’s what it’s referring to — it’s referring to cryptocurrency,” Rhode Island state representative David Place told Cointelegraph in an interview.

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Source: Cryptocurrency - investing.com

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