United States of America: New Jersey: Licensing requirement in New Jersey Digital Asset and Blockchain Technology Act

Progress

Current status
adopted
07 Feb 2022 under deliberation

Scope

Implementers
United States of America
Policy Area
Registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
subnational

Timeline of events

07 Feb 2022
under deliberation

Introduced Digital Asset and Blockchain Technology Act including licensing requirements

On 7 February 2022, the Digital Asset and Blockchain Technology Act was introduced in the Assembly of the state of New Jersey. The bill includes the creation of a licensing framework for both operators and consumers that engage in virtual currency t…

Source
Event type law
Action type introduction
Government branch legislature
Government body parliament