Archive for Tag: Blockchain

N.J. Assembly embraces digital currency, passes DePhillips bill

TRENTON, N.J. – The state Assembly passed legislation Thursday to legalize cryptocurrencies and crypto exchanges in New Jersey. The bill (A1178), sponsored by Assemblyman Christopher DePhillips, clarifies that New Jersey corporations may use so-called “blockchain” technology to simplify recordkeeping requirements. “We need to use the technology at our disposal...

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Lawmaker pushes blockchain for recordkeeping in New Jersey

TRENTON, N.J. – Assemblyman Christopher DePhillips’s bill to permit corporations to use blockchain for certain recordkeeping requirements passed the Assembly Science, Innovation and Technology Committee Wednesday. The bill (A1178) clarifies that New Jersey corporations may use blockchain to simplify recordkeeping requirements. Blockchains are an electronic ledger built around peer-to-peer...

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