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FOX 7 Dialogue: Blockchain tech rising in Texas
Texas Blockchain Council president Lee Bratcher joins Rebecca Thomas to debate two items of laws associated to blockchain expertise.
AUSTIN, Texas – Blockchain is rising quickly in Texas, prompting state lawmakers to check out the rising technology.
The Texas Blockchain Council says it spearheaded the passage of two main items of blockchain-related laws throughout the current legislative session: HB 1576 and HB 4474.
HB 1576 mandates the institution of a Blockchain Work Group for the state with the intention to formulate blockchain-related coverage suggestions. HB 4474 updates the Texas Uniform Industrial Code to outline digital currencies, how management over such currencies is established, and the way a safety curiosity in a digital forex is perfected. As well as, the UCC modification clarifies how a digital forex could be used to make funds and in mortgage disputes.
TBC president Lee Bratcher joins Rebecca Thomas to debate the 2 items of laws.
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