New Jersey S1634 prohibits public officials from accepting virtual currency and non-fungible tokens as gifts.
New Jersey S1634 amends existing laws to include virtual currency and non-fungible tokens (NFTs) in the definition of gifts that public officials are prohibited from accepting. This bill affects all public officials, including state officers, employees, and members of the Legislature, by expanding the scope of what constitutes a gift. The amendment takes effect immediately upon enactment.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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