Archive for Tag: Bitcoin

N.J. corporations permitted to maintain records using blockchain technology under new law

TRENTON, N.J. – Corporations in the state are now legally permitted to maintain records on an electronic network, including those using blockchain technology – the digital ledger invented for keeping track of the cryptocurrency Bitcoin. On Tuesday, Gov. Phil Murphy signed legislation (A1178), sponsored by Assemblyman Christopher DePhillips and...

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DeCroce bill helping smaller businesses use digital currency advances

TRENTON, N.J. – The Assembly Science, Innovation and Technology Committee advanced legislation Monday to help facilitate the use of blockchain technology for more businesses throughout the Garden State. The bill (A320), sponsored by Assemblywoman BettyLou DeCroce, directs the state to review and approve a blockchain-based payment platform for state-approved...

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