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Bill

Bill

HB 470

Digital Asset and Blockchain Technology Task Force - Establishment

2026 Regular Session Introduced by Marlon Amprey and 3 co-sponsors

Maryland establishes a task force to study blockchain technology and digital assets, examining regulatory frameworks and economic opportunities to guide state policy development.

Approved by the Governor - Chapter 548
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Bill Summary · HB 470

Legislative bill overview

HB 470 would establish a task force in Maryland dedicated to studying digital assets and blockchain technology. The task force would examine the regulatory landscape, economic opportunities, and policy recommendations for the state to effectively govern and potentially leverage these emerging technologies.

Why is this important

Maryland could position itself competitively in the rapidly growing blockchain and cryptocurrency sectors, potentially attracting businesses and creating jobs. However, the state must balance innovation with consumer protection and financial stability concerns, making informed policy decisions critical before broader legislative action.

Potential points of contention

  • Regulatory clarity vs. innovation risk: Task force recommendations could either enable beneficial blockchain development or inadvertently create gaps that harm consumers and investors
  • Resource allocation: Funding and staffing a specialized task force requires state resources during competing budget priorities
  • Stakeholder representation: Questions about whether the task force fairly represents consumer advocates, law enforcement, and fintech companies versus industry interests

Compiled from official sources — confirm details with the bill’s official record.

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