latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

Louisiana lawmakers advance bill for licensing crypto businesses

Public records show that the lower chamber of Louisana's state legislature has approved a measure that, if passed and signed into law, would create a framework for licensing businesses that work in the cryptocurrency sector.
Sponsored by state rep Mark Wright, the legislation – filed earlier this year – seeks to create a process by which companies that focus on cryptocurrencies can seek and obtain licensure in Louisiana. Wright has previously pushed for a crypto-focused regulatory regime in the state.
The legislation would also create definitional language for crypto exchanges and a range of terms related to "virtual currency." As noted by CoinDesk , the bill echoes a past proposal from the Uniform Law Commission's Virtual Currency Business Act, which grew out of a multi-year effort that dates back to 2015 . 
The Louisiana House of Representatives approved Wright's measure on May 20 unanimously, receiving 92 'yeas' via roll call. It then moved to the state's Senate, where, after a second reading, it was moved to the Committee on Commerce, Consumer Protection and International Affairs on May 21. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. shares this Contents always with License.

Thank you for Share!



Search about Crypto News


The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


Today Most Popular News

Buy Bitcoin online in ANY country, supporting 80+ Payment methods!