Stock Groups

Washington state passes bill aiming to expand local blockchain adoption -Breaking

[ad_1]


Three years and one veto after it was first proposed, Washington state Governor Jay Inslee has signed a bill into law today that aims to expand the state’s adoption of blockchain technology across various financial and industrial sectors.

It Law saw Governor Inslee order the formation of the Washington Blockchain Work Group which will “examine various potential applications for blockchain technology.” The Work Group will be composed of seven government officials and eight leaders of various trade associations across the state. The group will examine practical uses of blockchain technology, and then present its findings to Governor Inslee no later than December 1, 2023.