Welcome to the Future!
What’s happening? NH Governor Sununu has created a Cryptocurrency Commission.
Why is this important? The Commission will make recommendations to the Governor and the Legislature on the state of regulation for cryptocurrency in NH.
How will this be important? TX currently has a study commission authorized but he Legislature. Hawaii’s default legislative position is a study of cryptocurrency. Everyone is looking for what Gov. Sununu identified : “must work to bring legal and regulatory certainty”
What is happening? The Legislature in Hawaii must pass reauthorization legislation to permit cryptocurrency trading to continue in Hawaii
Why is this important? In 2016, Hawaii’s Department of Commerce and Consumer Affairs ruled that cryptocurrencies were regulated as money transmitters, which halted trading of cryptocurrencies
How will this be important? SB 3025 (2022 | HI) would license cryptocurrency in Hawaii & SB 2696 (2022 | HI) would allow cryptocurrencies to be accepted in financial transactions in Hawaii.
KHON | Cryptocurrency trading to end in Hawaii if legislature doesn’t act
What’s happening? A new FDA proposal would utilize blockchain to establish farm-to-fork food traceability,
Why is this important? An easier way to trace food sources for food safety. Walmart and Nestle use blockchain for their food traceability and would not require companies to maintain digital records
How will this be important? As blockchain methods are used for traceability in other portions of the supply chain.
WSJ | FDA Official Says New Rule Could Boost Blockchain-Based Food Tracking
What is happening? A smattering of luxury car groups are accepting crypto currency to purchase their vehicles. Included are Post Oak Dealership in Houston, TX; Marino Performance Motors in West Palm Beach;
Why is this important? Dealers say they felt like they needed to accept crypto because their clients want to pay with crypto.
How will this be important? Crypto first say “In actuality there is more transparency and faster transaction finality than the legacy banking options available.”
International Policy Digest | 10 Car Companies that Accept Bitcoin as Payment
Kilgore News Herald | Luxury car dealers are seeing a rise in purchases using crypto currency
What is happening? Improving data collection equity and leveraging that data allows states and cities to budget for equity and achieve more equitable outcomes
Why is this important? 70 counties have officially declared racism a public health threat.
How will this be important? ESG rules could be our guide to monitor equity on the local level.
What is happening? NYC new mayor used an executive order to consolidate all the city’s technology departments to promote the use of civic technology .
Why is this important? For NYC that means the following agencies will be consolidated:
How will this be important? Information sharing issues emerged during the pandemic, and the goal of the consolidation will be increase accountability.
Government Technology | Eric Adams Consolidates New York City Tech Agencies
What’s happening? In 2021 21 states considered cryptocurrency legislation. 14 passed measured laws like unclaimed property or studies.
Why is this important? When financial laws regulating money transmissions, like wire transfers and money orders, were created crypto currency did not exist.
How will this be important? Looking for a way to get cryptocurrency into your laws…your entry way cam be an update to financial regulations like wire transfers.
Route Fifty | As States and Localities Embrace Cryptocurrency, Problems Grow
What’s happening? NYC and Austin, TX are the next two cities to follow Miami into the use and acceptance of cryptocurrency.
Why is this important? Academics say the branded value of “MiamiCoin” or whatever NYC or Austin ill choose for a name adds to the value for cities.
How will this be important? Miami saw an increase in cryptocurrency businesses after adopting MiamiCoin, and the talkers say NYC and Austin should anticipate the economic development advantages that Miami has from its cryptocurrency.
Route Fifty | As States and Localities Embrace Cryptocurrency, Problems Grow
What’s happening? Maine is considering a constitutional amendment that would clarify that privacy, including digital privacy is a constitutional right.
Why is this important? By defining data as a privacy right, it triggers warrant requirements.
How will this be important? NCSL says 13 states have adopted a privacy right in their constitutions. These states include New Hampshire, Missouri and Michigan.
Portland Press Herald via Governing | Maine Data Privacy Concerns Push for Constitutional Amendment
What’s happening? In the ongoing saga in Missouri over a state cyber vulnerability that was brought to the attention of state leaders by a reporter. The Governor believes that the Cole County prosecuting attorney will bring charges against the reporter.
Why is this important? White hackers or individuals who caused no harm, did not profit and revealed vulnerabilities are not usually prosecuted.
How will this be important? Whether other jurisdictions will begin prosecuting people without the intent to cause harm
St Louis Today | Parson says he believes prosecutor will bring charges in Post-Dispatch case