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New Jersey State Assembly Passes Legislation Encouraging the Use of “blockchain” technology to simplify recordkeeping

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the staff of the Ridgewood blog

Trenton NJ,  The state Assembly passed legislation Thursday to legalize cryptocurrencies and crypto exchanges in New Jersey.

The bill (A1178), sponsored by Assemblyman Christopher DePhillips, clarifies that New Jersey corporations may use so-called “blockchain” technology to simplify recordkeeping requirements.

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