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Pennsylvania House of Representatives
08/04/2024 04:15 AM
Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?SPick=20210&chamber=H&cosponId=35956
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House of Representatives
Session of 2021 - 2022 Regular Session

MEMORANDUM

Posted: June 28, 2021 08:46 AM
From: Representative John T. Galloway
To: All House members
Subject: Establishing the Digital Currency Task Force
 
The technology industry is consistently evolving and changing.  While there are a multitude of new things that we can do with technology; one of the newest enhancements includes the ability to use digital currency to purchase everyday items such as pizza, fries, or groceries. 

Digital currency is a form of currency that only exists in an electronic form.  This type of currency not only changes in value on a day-to-day basis, but it is also unregulated on the federal, state, and local levels of government.  

It is for this reason, that I have decided to propose legislation that would create the digital currency task force.  This task force would conduct a study on digital currency, cryptocurrency, and blockchain industries, hold public hearings, and submit a report on its findings. 

I hope that you will join me in co-sponsoring this proposal.
 


Introduced as HB1724