Committee sends blockchain bill to interim study after consumer and local-control concerns
HB 639, addressing blockchain and digital currencies, was amended and ultimately placed in interim study after senators raised concerns about local control, noise, grid impacts and consumer-protection gaps including fraud risks cited from other states.
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The Commerce Committee considered House Bill 639, an act addressing blockchain use and disputes over digital currencies. The sponsor and proponents described the bill as business-friendly, but several senators said the measure needs more work before passage.
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