![final draft 10 index cards final draft 10 index cards](https://i.pcmag.com/imagery/reviews/03OFZRXuMi8s4fHMg8qmAjE-21.fit_lim.size_1050x591.v1626701610.png)
Other legislation, such as in Florida, would exclude certain cryptocurrency transactions from money-transmission laws enacted to curb money laundering. The state proposals include bills to exempt cryptocurrency from securities laws intended to protect investors from fraud. One bill pending in Illinois lifted entire sentences from a draft provided by a lobbyist. While it was unclear how many were influenced by the crypto industry, some bills have used industry-proposed language almost word for word. Similar teamwork has been on display in Wyoming, North Carolina, Illinois, Mississippi, Kentucky and other states, according to a New York Times review of state legislative proposals and interviews with legislators and their industry allies.Īt least 153 pieces of cryptocurrency-related legislation were pending this year in 40 states and Puerto Rico, according to an analysis by the National Conference of State Legislatures. “Vance has been an incredible asset to the blockchain and crypto community,” Mr. In Florida, the new money-transmission legislation emerged from a monthslong collaboration between Representative Vance Aloupis Jr., a Republican of South Miami, and Samuel Armes, who is starting a cryptocurrency investment firm, Tortuga Venture Fund. But some consumer advocates worry that this aim-to-please effort could leave investors and businesses more vulnerable to the scams and risky practices that have plagued crypto’s early growth. Many states are racing to satisfy the wish lists from crypto companies and their lobbyists, betting that the industry can generate new jobs.
![final draft 10 index cards final draft 10 index cards](https://s2.studylib.net/store/data/017536687_1-335f20c520d5d539a6b1b13cd0ead816.png)
Lobbyists are aiming to clear the way for the continued explosive growth of cryptocurrency companies, which are trying to revolutionize banking, e-commerce and even art and music. The effort is part of an emerging national strategy by the crypto industry, in the absence so far of comprehensive federal regulatory demands, to work state by state to engineer a more friendly legal system. Across the nation, crypto executives and lobbyists are helping to draft bills to benefit the fast-growing industry, then pushing lawmakers to adopt these made-to-order laws, before moving rapidly to profit from the legislative victories.
![final draft 10 index cards final draft 10 index cards](https://i.ytimg.com/vi/DxgOsRX4AB4/hqdefault.jpg)
Ron DeSantis for his signature after 75 seconds of deliberations.įlorida’s warm embrace of the cryptocurrency agenda is just the tip of an aggressive industry-led push to position states as crypto-friendly beachheads. The Senate followed, sending the bill to Gov. Shortly afterward, the House voted unanimously to pass the measure. “Whether you’re Binance or Ethereum, Dogecoin or Bitcoin, this is a great bill,” said Representative John Snyder, a Palm City Republican, referring to crypto exchanges and coins. One of the few pauses in the action came when two House members stood up to thank crypto industry “stakeholders” for teaming with state officials to write a draft of the bill. In the Florida House last month, legislators swiftly gave final approval to a bill that makes it easier to buy and sell cryptocurrency, eliminating a threat from a law intended to curb money laundering. The debate took less than four minutes. NFL footage © NFL Productions LLC.TALLAHASSEE, Fla. All other NFL-related trademarks are trademarks of the National Football League.
![final draft 10 index cards final draft 10 index cards](https://www.baseballamerica.com/wp-content/uploads/2016/05/Baum-Stadium.jpg)
NFL and the NFL shield design are registered trademarks of the National Football League.The team names, logos and uniform designs are registered trademarks of the teams indicated.