In Pennsylvania, the regulator is developing a bill that would regulate the activities of the working group on cryptography. Its creation, by the way, was due to the opportunity to study the impact of digital assets on the infrastructure and economy of the state.
There are high expectations for the work of the task force, according to information published on the LegiScan portal. She will be tasked with studying the potential development of the crypto industry across the state. As a result, specialists will have to prepare a report on the possible risks of using digital assets by Pennsylvania citizens.
It is known that the draft law “On the Task Force on Cryptocurrencies” was developed by 10 members of the General Assembly, 8 of whom are Democrats, 2 are Republicans. As of today, the document is under consideration by the Committee on Trade.
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We will remind, earlier in the state of Pennsylvania bill was passed that clarified the definition of the term “cryptocurrency exchange”.