Tomorrow, the
@RISenate AI & Emerging Technology Committee is scheduled to vote on Substitute A to S2198, a resolution creating a Special Legislative Commission to study blockchain & cryptocurrency policy in Rhode Island.
Importantly, S2198 Sub A is a Senate Resolution, therefore it does not require House passage to take effect. The Rhode Island Senate passed a similar resolution unanimously last year.
webserver.rilegislature.gov/…
The substitute expands the commission from 5 members to 10 members, adding experts from:
• academia
• financial institutions
• federal securities law
• blockchain technology
• cryptocurrency
This updated structure strengthens the commission, broadens stakeholder representation, and clears a more direct pathway for Rhode Island to seriously study blockchain, Bitcoin, and digital asset policy.
Rhode Island is moving from ignoring these technologies to formally studying how to become a more forward-thinking and competitive state while balancing appropriate consumer protections.
Bravo to
@SenLouDiPalma and others who have championed this undertaking.
@BitcoinMagazine @Bitcoin_Laws @bitcoinpolicy @standwithcrypto