House OKs cryptocurrency corruption bill
Public officials would be banned from promoting cryptocurrency when they have a financial interest under legislation passed by the House recently. The House voted 131-71 for House Bill 2037, sponsored by Rep. Ben Waxman, D-Philadelphia, at the end of June. The bill is before the Senate State Government Committee. HB2037 expands the scope of the state Ethics Act to include current officials creating or promoting cryptocurrency in which they have a financial interest or receive a financial benefit. The term refers to a digital asset or virtual currency like Bitcoin, meme coin, ...