Bill > LD1286

This bill establishes the Commission to Study Fostering a Positive Economic Environment for Blockchain Technology and Cryptocurrency, which will consist of 10 members appointed by various legislative and executive authorities, including state senators, representatives, public experts, and government officials. The commission's primary objectives are to comprehensively review national data on blockchain technology and cryptocurrency, assess their current status within the state, study nonfungible tokens (unique digital assets), consult industry experts, and develop legislative recommendations to position the state as a leader in these emerging technological fields. Members will include representatives from academic institutions, cryptocurrency companies, financial institutions, and experts in blockchain technology and federal securities law. The commission is required to submit a detailed report with findings and recommendations to the Joint Standing Committee on Health Coverage, Insurance and Financial Services by December 3, 2025, with the potential for subsequent legislation to be proposed. The Legislative Council will provide staffing support, and the commission may also request expert consultants to assist in their research and analysis.

Health and Social Services

https://legislature.maine.gov/legis/bills/display_ps.asp?LD=1286&snum=132