State: Nebraska
The legislation:
- LB 987 Bitcoin as acceptable currency
- LB 691 Virtual Currency Money Laundering Act
- LB 694 State preemtion on blockchain technology & prohibits local taxing of blockchain
- LB 695 Blockchain state contracting
LB 694 & 695 will require that:
- blockchain signatures are legally valid in Nebraska
- smart contracts are valid in all commerce in Nebraska
- local governments cannot tax, license or regulate blockchain technology