All tagged Washington State
This morning’s passage of Washington State’s new Blockchain Bill SB 5638 by a unanimous vote indicates legislators are committed to making up for past missteps and supporting blockchain and distributed ledger technology innovation in Washington State.
On January 25th, 2019 legislation was introduced in the Washington State Senate to recognize the validity of Distributed Ledger Technology and provide a legal definition of Blockchain in state law.
Seattle’s beverage tax is a disaster in its stated mission of curbing sugar consumption. Proponents of the Beverage Tax claimed it would help reduce obesity and address epidemic levels of sugar abuse by disincentivizing drinking of sugary sodas while raising needed revenue for the city by creating a “sin” tax on negative behavior. Instead, the tax’s revenue has beaten all projections, topping $16 million in the first 9 months.