KCN Delaware blockchain stock bill is close to its adoption
Delaware is close to legally recognizing blockchain-based stocks. According to coindesk, the law would make stock registries and other kinds of business records legal if they are held on a distributed ledger system or blockchain. To become law, both chambers of the legislature have to finalize the bill, and Governor Jack Carney needs to sign his approval. If finalized, the bill would go into effect on 1st August.