Legislators: “Bitcoin has Broad Benefits for Hawaii”

[jamie.redman1]

Democratic representatives Mark Nakashima and Chris Lee from Hawaii have sponsored a bill in hopes of creating a friendly environment for Bitcoin and blockchain technology in the island state. The proposed legislation encourages using these technologies to benefit the local region’s tourism.

Slowly but surely many state governments throughout the U.S. are studying and trying to define Bitcoin and its underlying technology. Just recently, two legislators from Hawaii sponsored House Bill 1481, which aims to begin the research of cryptocurrencies and blockchain technology. The bill states that the legislature has recognized “vast potential for this technology to drastically change and improve public sector operations and private industry capabilities.”

Read more here: https://news.bitcoin.com/legislators-bi ... or-hawaii/