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Senate Insurance & Commerce committee approves bill limiting tracking in digital currency

Insurance & Commerce - Senate · April 4, 2023
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee passed HB 17-20, a bill sponsored by Rep. Robin Lundstrom that bars tracking in certain digital-currency transactions and aligns state rules with federal banking law; sponsor and supporters said the measure protects privacy and is consistent with banking industry practices.

The Senate Insurance & Commerce committee on Tuesday approved House Bill 17-20, a measure Rep. Robin Lundstrom said will protect consumer privacy in digital-currency transactions and align state law with federal banking regulations. "It just protects privacy," Lundstrom said while presenting the bill.

Lundstrom, a state…

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