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House subcommittee advances amended digital‑assets bill after treasurer, banking and blockchain experts weigh in
Summary
A Commerce and Consumer Affairs subcommittee advanced an amended digital‑assets bill after the state treasurer and banking regulators discussed scope and limits and experts urged special protections for private cryptographic keys.
A Commerce and Consumer Affairs subcommittee meeting moved an amended digital‑assets bill forward after lawmakers and outside experts discussed limits on state engagement with cryptocurrencies and civil‑procedure protections for private keys.
Sponsors said the version they circulated removes references to stablecoins and to state lending or staking authority, and reduces a proposed maximum allocation from 10% of a fund to 5%. The treasurer participated in a working session and indicated the changes were intended to keep…
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