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ME LD1286
Bill
Status
6/4/2025
Primary Sponsor
Richard Bradstreet
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AI Summary
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Establishes a 10-member Commission to Study Fostering a Positive Economic Environment for Blockchain Technology and Cryptocurrency, with bipartisan legislative representation and experts in blockchain, cryptocurrency, finance, and securities law
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Commission must review national data on blockchain and cryptocurrency use, assess current Maine laws related to these technologies, and study nonfungible tokens (NFTs) including their use, prevalence, and regulation
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Members appointed by Senate President, House Speaker, and Governor within 30 days of the resolve's effective date, with Legislative Council providing staff support
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Commission authorized to consult with industry experts in blockchain technology, cryptocurrency, and regulatory frameworks
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Final report with findings and legislative recommendations due to the Joint Standing Committee on Health Coverage, Insurance and Financial Services by December 3, 2025
Legislative Description
Resolve, to Establish the Commission to Study the Impact of Blockchain Technology and Cryptocurrency on Maine's Economy and the Risks of Fraud and Theft to Maine Consumers
Regulations
Last Action
CARRIED OVER, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800.
6/25/2025