Oct 7, 2020 at 16:05 UTCUpdated Oct 7, 2020 at 16:35 UTC.Leaders of the Congressional Blockchain Caucus have reintroduced a bill that would give legal status to blockchain-secured records and smart contracts.
Rep. David Schweikert and Rep. Darren Soto submitted the Blockchain Records and Transaction Act of 2020 on the House floor Wednesday, a measure similar to one introduced in 2018 but which never came up for a vote.
The current bill would prohibit individuals from denying an electronic record legal effect "Solely because it is created, stored or secured on or through a blockchain."
Further, the bill would enshrine blockchain and smart contracts in the Electronic Signatures in Global and National Commerce Act of 2000, the cornerstone federal law protecting electronics signatures more broadly.
The authors said in a statement this would legitimize blockchain records as a legal instrument in interstate and foreign commerce.
Several states have already implemented similar provisions, most recently Illinois.
Bill to Give Blockchain Records Legal Clout Reintroduced in US House
Publié le Oct 7, 2020
by Coindesk | Publié le Coinage
Coinage
Nouvelles récentes
Voir tout
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.