Blockchain Technologies Achieve a New Legal Victory: Washington State Recognizes DLTs as Legally Valid

This week has been remarkably positive for the blockchain ecosystem. Not only is there a strong bullish trend in the markets, but DLTs scored a new victory, this time in the legal arena, thanks to the decision of the state of Washington to advance on a legislation that officially recognizes the legitimacy of distributed ledger technology.

According to information published by the Washington State Legislature, earlier this year, Senators Brown, Rivers, Becker and Short introduced the bill SB5638 which was defined as “an act relating to recognizing the validity of distributed ledger technology”.

Original source
https://ethereumworldnews.com/washington-state-recognizes-blockchain-legally-valid-tech/

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