Washington state Governor Jay Inslee signed into law on Wednesday a bill that will form the Washington Blockchain Work Group, whose task it will be to “examine various potential applications for blockchain technology.” The work group will consist of eight trade association leaders and seven government officials and is set to present its findings to the Governor in December of 2023.
The bill, originally proposed by Republican Senator Sharon Brown in 2019, was vetoed by Inslee in 2020. Washington is now the latest US state or municipality to move towards embracing blockchain. Colorado plans to accept tax payments in cryptocurrency. Austin, Texas has approved a study of blockchain uses for the city, and the new Mayor of New York City Eric Adams has expressed interest in allowing businesses to accept crypto payments.