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Delaware Assembly Passes "Historic" Law Legalizing Blockchain-Based Stock Trades

Delaware Assembly Passes "Historic" Law Legalizing Blockchain-Based Stock Trades

The State of Delaware just took a historic step toward ensuring that US stock exchanges will soon be violently disrupted by blockchain technology - possibly to the extent of being rendered obsolete. CoinDesk reports that lawmakers in the state’s general assembly passed a law that makes explicit the right to trade stocks on a blockchain. Details of the bill are still emerging. One source indicated that the bill passed with near unanimity, with a single vote against.