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Montana advances with crypto regulation in the state📰 What is Montana exactly doing?
Law SB 265 — Financial Freedom and Innovation Act
Montana approved the
Senate Bill 265
(SB 265), called
Financial Freedom and Innovation Act
. It recently went into effect.
With this law, Montana creates a clear regulatory pathway for companies that issue “network tokens” — network tokens that serve decentralized services such as computing, data storage, content streaming, etc.
The issuing companies of these tokens can apply to the office of the Commissioner of Securities and Insurance (CSI) for their tokens to be certified / recognized as non-securities, provided they meet certain disclosure, transparency, legal definitions, etc.
Montana advances with crypto regulation in the state
📰 What is Montana exactly doing?
Law SB 265 — Financial Freedom and Innovation Act
Montana approved the
Senate Bill 265
(SB 265), called
Financial Freedom and Innovation Act
. It recently went into effect.
With this law, Montana creates a clear regulatory pathway for companies that issue “network tokens” — network tokens that serve decentralized services such as computing, data storage, content streaming, etc.
The issuing companies of these tokens can apply to the office of the Commissioner of Securities and Insurance (CSI) for their tokens to be certified / recognized as non-securities, provided they meet certain disclosure, transparency, legal definitions, etc.
Law SB 265 — Financial Freedom and Innovation Act
Montana approved the
Senate Bill 265
(SB 265), called
Financial Freedom and Innovation Act
. It recently went into effect.
With this law, Montana creates a clear regulatory pathway for companies that issue “network tokens” — network tokens that serve decentralized services such as computing, data storage, content streaming, etc.
The issuing companies of these tokens can apply to the office of the Commissioner of Securities and Insurance (CSI) for their tokens to be certified / recognized as non-securities, provided they meet certain disclosure, transparency, legal definitions, etc.
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