Rhode Island H7413 establishes a council to regulate special depository institutions and allows for limited waivers of regulatory requirements for.

Rhode Island H7413 creates a Rhode Island blockchain technology advisory council to supervise and manage special depository institutions. The council consists of thirteen members, appointed by the governor and the Rhode Island commerce corporation, with expertise in financial services, cybersecurity, financial systems, and computer engineering. The act also establishes a "financial technology sandbox" where regulatory requirements may be waived for innovative financial products.

Rhode Island H7413 establishes a council to regulate special depository institutions and allows for limited waivers of regulatory requirements for.

Rhode Island H7413 creates a Rhode Island blockchain technology advisory council to supervise and manage special depository institutions. The council consists of thirteen members, appointed by the governor and the Rhode Island commerce corporation, with expertise in financial services, cybersecurity, financial systems, and computer engineering. The act also establishes a "financial technology sandbox" where regulatory requirements may be waived for innovative financial products.