On January 3, 2018, a draft act relating to blockchain, cryptocurrency, and financial technology was introduced before the Senate of the state of Vermont.
The draft act seeks to ensure the implementation of effective strategies which aim to:
- Promote regulatory efficiency.
- Enable business organizational and governance structures that may expand opportunities in financial technology.
- Promote education and adoption of financial technology in the public and private sectors.
Some of the key provisions introduced in the bill are: