News & Analysis as of

State and Local Government Blockchain

Cozen O'Connor

Cozen Cities - April 30, 2025

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NEW YORK—Mayor Adams, CTO Announce City’s First Crypto Summit- New York Mayor Eric Adams (D) and Chief Technology Officer (CTO) Matthew Fraser will host New York City’s first Crypto Summit next month, bringing together...more

Jenner & Block

Client Alert: The Future of Payments: Key Trends and Regulatory Challenges

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As the fintech and payments industries evolve in 2025, businesses, financial institutions, and regulators must adapt to rapid technological advancements and shifting regulations. The rise of real-time payments, embedded...more

Eversheds Sutherland (US) LLP

California and New Jersey setting the pace in nationwide race to write the rules for crypto

The race to establish a national framework for the regulation of digital assets is heating up, with both California and New Jersey taking action this past week. On June 1, 2022, the California Department of Financial...more

Sheppard Mullin Richter & Hampton LLP

California Regulator Seeks Comment on Future Crypto Guidance

On June 1, the California DFPI began formally seeking input from the public to assist in developing guidance and regulatory clarity for Blockchain and Crypto companies as directed by Governor Newsom’s Executive Order (which...more

Troutman Pepper Locke

Wyoming Amends DAO Legislation Enabling DAOs to Dictate Quorum Threshold on an Individual Basis

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On March 9, Wyoming amended the Decentralized Autonomous Organizations (DAO) Supplement (Supplement), which permits decentralized autonomous organizations (DAOs) to incorporate and obtain legal status as limited liability...more

Sheppard Mullin Richter & Hampton LLP

April 2022 Crypto Enforcement Actions And Regulatory Guidance Roundup

In April, we continued to see a steady pace in the seriousness and frequency of crypto enforcement actions by state and federal law enforcement.  (See our March 2022 Crypto Enforcement Actions Roundup blog here where we...more

Bradley Arant Boult Cummings LLP

A Fintech Leader’s Thoughts on the North Carolina Regulatory Sandbox Act

As part of Bradley’s continuing coverage of the North Carolina Sandbox Act, we wanted to know what community members and NC fintech aficionados thought about this proposed legislation. We posed six questions to Tariq Bokhari,...more

Sheppard Mullin Richter & Hampton LLP

Wyoming Takes the Lead With Decentralized Autonomous Organizations

It is called the Cowboy state for a reason. With varied terrain and a hearty population Wyoming has long been a haven for independent thinkers and doers – pioneers. The Wyoming legislature recently underscored that truth with...more

Carlton Fields

State Regulations on Virtual Currency and Blockchain Technologies (Updated March 2021)

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Introduction: There exists no uniformity with respect to how businesses that deal in virtual currencies (also known as "cryptocurrencies") such as Bitcoin are treated among the states. For these proprietors, often the first...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Distributed Ledger: Blockchain, Digital Assets and Smart Contracts - July 2020

In this issue, we discuss the new initiatives under New York's BitLicense regime that clarify and streamline the regulatory landscape for virtual currency entities doing business within the state. We also examine the...more

Perkins Coie

Blockchain Week in Review - May 2020 #2

Perkins Coie on

U.S. Developments - Litigation - Ripple Faces New Litigation Related to XRP Token Sale - On May 1, 2020, Puerto Rico-based company Bitcoin Manipulation Abatement LLC (BMA) filed a lawsuit against Ripple Labs, Inc., XRP II,...more

Orrick - On the Chain

Wyoming, the “Equality State,” Seeks to Level the Playing Field for Digital Assets Businesses

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In its continued effort to establish itself as the go-to jurisdiction for digital asset businesses, Wyoming, through its Department of Audit, Division of Banking, recently published a digital asset custody regime for its...more

Ballard Spahr LLP

Utah’s new regulatory sandbox

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Utah Governor Gary Herbert signed H.B. 378, Regulatory Sandbox, into law on March 25, 2019.  This bill created the nation’s third regulatory sandbox program for fintechs, after Arizona, which enacted sandbox legislation in...more

Carlton Fields

State Regulations on Virtual Currency and Blockchain Technologies - (Updated)

Carlton Fields on

There exists no uniformity with respect to how businesses that deal in virtual currencies (also known as "cryptocurrencies") such as Bitcoin are treated among the states. For these proprietors, often the first question asked...more

Perkins Coie

Blockchain Week in Review - January 2019 #3

Perkins Coie on

U.S. Developments - Flood of State Virtual Currency Legislation - Since the start of the new year there have been roughly nine virtual currency bills introduced or passed in four different states. Overall, the bills...more

Carlton Fields

State Regulations on Virtual Currency and Blockchain Technologies (Updated)

Carlton Fields on

There exists no uniformity with respect to how businesses that deal in virtual currencies (also known as "cryptocurrencies") such as Bitcoin are treated among the states....more

Snell & Wilmer

Emerging Trends in the Regulation of Fintech and Blockchain Technology: An Update on Regulatory Sandboxes

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According to a recent study published by PricewaterhouseCoopers (“PwC”), regulatory uncertainty is the biggest barriers to wider business adoption of blockchain technology. Given this problem, it should not be surprising that...more

Robinson+Cole Data Privacy + Security Insider

State and Local Governments Test Blockchain Applications

Proponents of blockchain technology, the distributed ledger system underlying bitcoin and other cryptocurrencies, view the technology’s applications as potentially providing significant efficiencies to the provision of...more

Troutman Pepper Locke

Amendments to Delaware Alternative Entity Acts Enacted

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On August 1, several amendments to the Delaware Revised Uniform Limited Partnership Act, 6 Del. C. §§ 17-101, et seq. (DRULPA), and the Delaware Limited Liability Company Act, 6 Del. C. §§ 18-101, et seq. (DLLCA)...more

Robinson+Cole Data Privacy + Security Insider

States Race To Embrace Blockchain Technology

Add Connecticut, Ohio and Vermont to the list of states passing legislation focused on the potential disruptive impact of blockchain – the technology underlying cryptocurrencies such as Bitcoin. ...more

Lathrop GPM

Blockchain and Cryptocurrency: State Law Roundup

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In the absence of new federal legislation governing blockchain technology and cryptocurrencies, state governments are taking a variety of actions -- from legislation, administrative actions and government-funded studies --...more

Blank Rome LLP

Vermont Passes New Blockchain Legislation

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Vermont continues its play to bring blockchain business to the state. On May 30, 2018, Vermont Governor Phil Scott signed into law Senate Bill 269: An Act Related to Blockchain Business Development, which became effective...more

K&L Gates LLP

Understanding the Effect of Wyoming’s Blockchain and Cryptocurrency Legislation

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March was a busy month in the blockchain and cryptocurrency space for the Wyoming state government. The legislature passed, and the governor signed, five bills that many in the industry view as favorable to blockchain and...more

Downs Rachlin Martin PLLC

Vermont Legislative Update 04-27-2018 - An analysis from DRM's Government & Public Affairs Team

House Upholds Veto of S.103 - The House this week failed to overturn the first veto of the session when a 94-53 roll call vote fell four votes short of the two-thirds majority needed to override the governor’s action on...more

Troutman Pepper Locke

Illinois Legislature Considering Legislation Recognizing Legality of Smart Contracts

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The Illinois state legislature is considering a bill which would put the state among the select few specifically granting legal recognition to blockchain “smart contracts” by placing smart contracts on an equal footing with...more

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