HB1043 — A BILL for an Act to create and enact a new section to chapter 10‑04 of the North Dakota Century Code, relating to the exemption of an open blockchain token from specified securities transactions and dealings; and to amend and reenact section 10‑04‑02, subsection 19 of section 13‑09‑02, and section 13‑09‑03 of the North Dakota Century Code, relating to the definitions of an open blockchain token and virtual currency and excluding an open blockchain token and virtual currency from specified money transmission requirements.

HB1043 — A BILL for an Act to create and enact a new section to chapter 10‑04 of the North Dakota Century Code, relating to the exemption of an open blockchain token from specified securities transactions and dealings; and to amend and reenact section 10‑04‑02, subsection 19 of section 13‑09‑02, and section 13‑09‑03 of the North Dakota Century Code, relating to the definitions of an open blockchain token and virtual currency and excluding an open blockchain token and virtual currency from specified money transmission requirements. · Informed CitizenryHB1043 proposes to create a new exemption for open blockchain tokens and virtual currencies within North Dakota law. The bill defines an 'open blockchain token' as a digital unit created based on s…Open in Informed Citizenry