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Summary of Major Legislation

Summary of 2018 Financial Services & Commerce Legislation

Financial Services & Commerce

The General Assembly considered, but did not pass, several bills attempting to define cryptocurrency in law and clarify how it is regulated. In addition, the General Assembly passed legislation related to security freezes on credit reports of minors.

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details