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Federal legislative solution could ease Libor transition

Hoping to spur development, group of ND legislators aims to launch crypto sandbox

Hoping to spur development, group of ND legislators aims to launch crypto sandbox House Bill 1268 would add North Dakota to a short list of states with a cryptocurrency sandbox, a developmental environment made for testing financial technology products. 8:15 am, Feb. 3, 2021 × North Dakota Rep. Nathan Toman, R-Mandan, has proposed the creation of a crypto sandbox to drive financial technology innovation in the state. Illustration by Troy Becker BISMARCK A group of North Dakota legislators has proposed a bill to launch a crypto sandbox, an experimental environment designed to allow penalty-free development of cryptocurrency technology. Sponsoring House Bill 1268 is Mandan Republican Rep. Nathan Toman, the legislator behind the idea to create a blockchain asset tied to the state s assets called North Dakota Coin. Fellow Republicans Rep. Rick Becker (Bismarck), Rep. Cole Christensen (Rogers), Rep. Tom Kading (Fargo) and Sen. Shawn Vedaa (Velva) joi

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