SCORECARD DLT/Blockchain/Crypto-Friendliness
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1 CANDIDATES ALABAMA Kay Ivey - (R) Incumbent Walter Maddox (D) ALASKA Bill Walker (Independent) (Incumbent) Mark Begich (D) Mike Dunleavy (R) ARKANSAS Asa Hutchinson - (R) Incumbent Jared Henderson - (D) CALIFORNIA Gavin Newsom - (D) Lieutenant Governor Medium John Cox - (R) COLORADO Jared Polis (D) High Walker Stapleton (R) Scott Helker (L) FLORIDA Andrew Gillum (D) Ron DeSantis (R) Darcy Richardson 1
2 CANDIDATES HAWAII David Ige (D) (Incumbent) Andria Tupola (R) Jim Brewer (G) ILLINOIS Bruce Rauner - (R) Incumbent Low J.B. Pritzker - (D) IOWA Kim Reynolds (R) (Incumbent) Fred Hubbell (D) MAINE Janet T. Mills - (D) Shawn Moody - (R) MICHIGAN Gretchen Whitmer (D) Bill Schuette (R) Keith Butkovich NEBRASKA Pete Ricketts - (R) Bob Krist - (D) 2
3 CANDIDATES NEVADA Steve Sisolak - (D) Low Adam Paul Laxalt - (R) NEW HAMPSHIRE Chris Sununu (R) Low Molly Kelly (D) NEW MEXICO Michelle Lujan Grisham - (D) Steve Pearce - (R) NEW YORK Andrew Cuomo - (D) Marcus Molinaro - (R) OHIO Richard Cordray (D) Richard Michael DeWine (R) OKLAHOMA Drew Edmondson (D) Kevin Stitt (R) OREGON Kate Brown (D) (Incumbent) Knute Buehler (R) 3
4 CANDIDATES PENNSYLVANIA Tom Wolf - (D) Scott Wagner - (R) RHODE ISLAND Gina Raimondo - (D) High Allan Fung - (R) High SOUTH CAROLINA Henry McMaster (R) (Incumbent) Low James Smith Jr. (D) Low VERMONT Phil Scott (R) (Incumbent) High Christine Hallquist (D) Medium WISCONSIN Scott Walker (R) (Incumbent) High Tony Evers (D) WYOMING Mary Throne (D) Medium Mark Gordon (R) High 4
5 Overall estimate of (relative) DLT/Blockchain/Cryptofriendliness In favor of blockchain-friendly policies to attract blockchain to their state In favor of creating a blockchain working group, task force, or other initiative (similar to Deleware) In favor of allocating resources to develop blockchain infrastructure for administering public programs like food stamps and Medicaid In favor of accepting cryptocurrencies for payment of taxes and license fees In favor of data stored on a blockchain as admissible in court (e.g. Vermont) In favor of recognizing cryptocurrency business transactions as legal (e.g. Tennessee proposal) In favor of recognizing the legal enforceability of smart contracts (e.g. Nevada) In favor of exempting cryptocurrency from state money transmitter regulations (e.g. New Hampshire) In favor of exempting the purchase of digital assets from state sales tax (e.g. because it is not tangible property) (e.g. Missouri, Michigan) Against requiring state-by-state licenses for virtual currency transmission (e.g. New York BitLicense) Against legislation similar to the GDPR that would require that data can be deleted from a database 5
6 References Article Link Source Published State Lawmakers Increasing Their Focus on Virtual Currency and Blockchain Technology BLOCKCHAIN STATE LEGISLATION CRYPTOCURRENCY 2018 LEGISLATION State Regulations On Virtual Currency And Blockchain Technologies (Updated) The Good, the Bad, and the Ugly: Crypto Regulation in the USA Blockchain and Cryptocurrency: State Law Roundup Your Guide to Five Major US States and Their Stance on Bitcoin Regulation Running Up That Hill: Here Are All Members of Congress Involved in Crypto Blockchain laws tend to be hasty, unnecessary, and extremely thirsty Blockchain Faces Taxing Times Cryptocurrency & Law: A Comprehensive Overview of 50 States Guidance and Regulations on Blockchain and Digital Currency the-fundamentals-of-risk-management-and-insurance-viewed-through-thelens-of-emerging-technology-webinar. aspx state-regulations-on-virtual-currency-89442/ com/2018/3/29/ /blockchain-bitcoin-cryptocurrency-state-law-legislation National Conference of State Legislatures National Conference of State Legislatures Anthongy Coggine, Cointelegraph 7/10/2018 7/5/18 6/16/17 Kirill Bryanov, Cointelegraph 3/13/18 Adrianne Jeffries, The Verge 3/29/18 National Conference of State Legislatures 3/2018 Bitcoin Center 3/6/18 6
7 Alabama Kate Ivey (R) Incumbent Alaska Colorado Article Link Source Published May 2017, Alabama Governor Kay Ivey signed into law SB173/ HB215, otherwise known as the The Alabama Monetary Transmission Act. This bill was drafted by the Alabama Securities Commission (ASC) in order to adequately address modern technology by replacing the Sale of Checks Act of This act governs non-banking entities that engage in the business of selling, issuing or otherwise dispensing checks or transfers of money on behalf of individuals who may regularly use these services. Businesses that are required to obtain a money transmitters license now include those dealing in virtual currencies In May 2017, Alabama Governor Kay Ivey signed into law SB173/HB215, otherwise known as the The Alabama Monetary Transmission Act. This bill was drafted by the Alabama Securities Commission (ASC) in order to adequately address modern technology by replacing the Sale of Checks Act of This act governs non-banking entities that engage in the business of selling, issuing or otherwise dispensing checks or transfers of money on behalf of individuals who may regularly use these services. Businesses that are required to obtain a money transmitters license now include those dealing in virtual currencies HB180 would, if enacted, define cryptocurrencies and subject businesses engaged in transmitting cryptocurrencies to Alaska s money transmitter laws. Jared Polis (D) Pro-crypto; one of the founders of the Cong Blockchain Caucus Walker Stapleton (R) Michigan Bill Schuette (R)
8 New York Andrew Cuomo - (D) Nevada Steve Sisolak - (D) New Hampshire Chris Sununu (R) Ohio Article Link Source Published gemini-founders-winklevoss-twins-donate-130k-to-cuomo-campaign-beforebeing-awarded-ny-bitlicense-for-zcash/ voices/2018/08/28/sisolak-continue-nevadas-economic-miracle-gilman/ / nh-governor-signs-bill-protecting-bitcoin-cryptocurrency-from-regulation/ new-hampshire-exempts-bitcoin-andother 8
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