Silver as an investment

Delaware Assembly Passes “Historic” Law Legalizing Blockchain-Based Stock Trades

zerohedge.com / by Tyler Durden / Jul 2, 2017 6:20 PM

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. The vote was widely considered to be the final obstacle to state adoption, following the passage of the bill in the Senate earlier this month. The measure, which was added to another bill in the form of an amendment, is expected to be signed in to law by Delaware Gov. John Carney by the end of the month, with the ruling going into effect on Aug. 1.

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