Bill > SF2768

This bill amends Minnesota's statement of economic interest requirements to include the mandatory disclosure of virtual currency holdings. Specifically, the bill requires individuals filing the statement to list any virtual currency owned in part or in full with a value exceeding $10,000, along with detailed information about the date and value of each purchase or sale of that virtual currency during the reporting period, regardless of the transaction's value. This new provision is added to the existing list of financial disclosures that public officials and local officials must provide, which already includes information about real property, investments, business interests, and securities. The bill aims to increase transparency by requiring individuals to report their virtual currency transactions and holdings, similar to existing requirements for other types of financial assets. The amendment ensures that virtual currencies are treated comparably to other significant financial interests when public officials disclose their economic information, reflecting the growing importance and prevalence of digital currencies in contemporary financial landscapes.

Government Affairs

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF2768&ssn=0&y=2025