Breaking: Delaware Officially Passes Blockchain Regulation Bill

The state of Delaware passed a bill that recognizes trading and stocks on blockchain technology. This bill has only received one vote against it out of a total of 41 votes. This bill will officially be passed and in action on August 1st, 2017.

The publishing of this bill basically means that the middlemen between sellers and buyers of stocks could essentially be cut out of the process. They are wanting to pass this bill to embrace the blockchain technology and deliver authority for businesses in the state of Delaware to use blockchain technology to maintain corporate records, basically legalizing business use for it.

Here is Delaware's statement on cryptocurrency

"We see blockchain technology having a significant positive impact on the investment world, and it starts with the fact that the foundational document for any investment – the registration of a company – will likely soon by possible to do on a blockchain in Delaware"

What are your guys thoughts on this? do you think this exposure will drive investors into this market, or do you think this bill would be bad for crypto currency, let me know in the comments.

If you guys would like to donate bitcoins to me I will put it directly into Steem to support the Steemit platform!

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