Washington isn’t the only state that comes to mind when you consider a crypto-friendly U.S. State. However, there has been a lot happening in the Pacific Northwest recently. Washington Jay Inslee, Governor of Washington signed a billThe bill, SB5544, was approved by the Senate on March 30. To implement the new legislation, a seven-member working group was created with eight state officials. examine “various potential applications of and policies for blockchain technology” and report to the governor in December 2023.

Republican state Senator Sharon Brown, one of the sponsors of the legislation, said, “By creating the Washington Blockchain Work Group, we are sending a clear message that Washington is ready to start working with the private sector to advance this technology for the benefit of all Washington residents, employers and workers.”

Blockchain sector growth

From Washington, Cascadia, to the Nation