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Washington Blockchain Work Group

Washington state passes bill aiming to expand local blockchain adoption

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. The 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. It will study practical applications of blockchain technology and present a report on its findings to Governor Inslee by Dec. 1, 2023. Republican Senator Sharon Brown, who originally proposed the bill, stated in an announcement that Washington state is showing that ...

Washington state passes bill aiming to expand local blockchain adoption

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. The 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. It will study practical applications of blockchain technology and present a report on its findings to Governor Inslee by Dec. 1, 2023. Republican Senator Sharon Brown, who originally proposed the bill, stated in an announcement that Washington state is showing that ...