North Dakota Cryptocurrency Updated Laws
Regulation of Digital Currencies: Cryptocurrency, Bitcoins, Blockchain Technology
| North Dakota | HB 1043 Failed to pass House 1/11/19 |
Relates to the exemption of an open blockchain token from specified securities transactions and dealings; relates to the definitions of an open blockchain token and virtual currency and excluding an open blockchain token and virtual currency from specified money transmission requirements. |
| North Dakota | HB 1045 Signed by governor 4/24/19, Chapter 94 |
Relates to electronic transaction definitions, blockchain technology and smart contracts, number of shareholders and series limited liability companies; relates to electronic transactions, filing of an annual report by corporations engaged in farming or ranching, Business Corporation Act definitions, knowledge and notice, share certificates, corporate voting list and voting trusts. |
| North Dakota | HB 1048 Signed by governor 3/20/19, Chapter 469 |
Relates to the use of distributed ledger technologies; requires the Department of Information Technologies to research and develop the use of distributed ledger enabled platform technologies, such as blockchains, for computer-controlled programs, data transfer and storage, and program regulation to protect against falsification, improve internal data security, and identify external hacking threats. |
| North Dakota | HB 1049 Failed to pass House 1/9/19 |
Relates to signatures secured through distributed ledger technology. |
| North Dakota | HCR. 3002 Failed to pass House 2/8/19 |
Requests the legislative management to study the potential benefits of distributed ledger technology and blockchain for state government. |
| North Dakota | HCR 3004 Adopted 3/28/19, Chapter 539 |
Requests the legislative management to study the potential benefit value of blockchain technology implementation and utilization in state government administration and affairs. |
Is cryptocurrency legal in North Dakota?
Do you have Cryptocurrency or Blockchain Issues or questions?
Freeman Law is dedicated to staying at the forefront as these emerging technologies continue to revolutionize social and economic activities. Contact us to schedule a consultation or call (214) 984-3410 to discuss your cryptocurrency and blockchain technology concerns.
