Committee backs bill to regulate digital assets, limit CBDC testing and protect mining grid
Senate Bill 163 would add a new chapter regulating digital currency and digital-asset activities, ban state/local mandates around central bank digital currency testing, clarify mining and staking status and set reporting limits to protect the electrical grid; the committee gave the bill a favorable report.
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Governor Smith, presenting the committee report, described Senate Bill 163 as a comprehensive framework for digital assets and mining.
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