Rhode Island 2026 Regular Session

Rhode Island Senate Bill S2198

Introduced
1/23/26  

Caption

JOINT RESOLUTION CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY BLOCKCHAIN AND CRYPTOCURRENCY (Creates a 5 member commission to recommend legislative proposals for blockchain and cryptocurrency, and submit an interim progress report by January 5, 2027, and a final report by January 5, 2028, and would expire on February 5, 2028.)

Impact

The commission, led by the Rhode Island Secretary of Commerce, is expected to share interim recommendations by January 5, 2027, and a final report by January 5, 2028. This legislative move could significantly influence state laws concerning blockchain and cryptocurrency, potentially shaping the regulatory landscape and encouraging technological innovation. The findings from the commission could lead to legislative proposals that would impact economic activities related to blockchain, addressing both opportunities and risks associated with these emerging technologies.

Summary

Bill S2198 proposes the establishment of a special legislative commission to study the implications and potentials of blockchain technology and cryptocurrency in the state of Rhode Island. The bill aims to create a five-member commission that will review the current scope of these technologies, assess their regulatory status, and solicit input from industry experts. This initiative seeks to position Rhode Island as a forward-thinking state in relation to blockchain and cryptocurrency, fostering a business-friendly environment while ensuring adequate consumer protections.

Contention

While the bill primarily aims to encourage economic growth and innovation, debates regarding regulation and consumer protection may arise. Concerns could include the potential for unregulated markets to lead to consumer fraud or misuse of funds, raising questions about the balance between fostering innovation and protecting consumers. The composition of the commission itself, which seeks to include diverse expertise, suggests an awareness of the need for varied perspectives in addressing the complexities of blockchain and cryptocurrency regulation.

Companion Bills

No companion bills found.

Previously Filed As

RI S0373

JOINT RESOLUTION CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY BLOCKCHAIN AND CRYPTOCURRENCY (Creates a 5 member commission to recommend legislative proposals for blockchain and cryptocurrency, and submit an interim progress report by January 5, 2026, and a final report by January 5, 2027, and would expire on February 5, 2027.)

RI H5810

JOINT RESOLUTION CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY BLOCKCHAIN AND CRYPTOCURRENCY (Creates a 7-member commission to for proposals encouraging a positive economic environment for blockchain and cryptocurrency, and would submit an interim report by January 5, 2026, a final report by January 5, 2027, and expires on February 5, 2027.)

RI H5970

JOINT RESOLUTION CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY AND PROVIDE RECOMMENDATIONS FOR THE CREATION OF A STATEWIDE WHOLE-HOME REPAIRS PROGRAM (Creates 12-member commission to study and provide recommendations for the creation of a statewide whole-home repairs program, and who would report back to the General Assembly by January 5, 2026, and would expire on March 5, 2026.)

RI H6427

HOUSE RESOLUTION CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY AND PROVIDE RECOMMENDATIONS FOR THE CREATION OF A STATEWIDE WHOLE-HOME REPAIRS PROGRAM (Creates 10-member commission to study and provide recommendations for the creation of a statewide whole-home repairs program, and who would report back to the Speaker of the House by January 5, 2026, and would expire on March 5, 2026.)

RI S0216

SENATE RESOLUTION EXTENDING THE REPORTING AND EXPIRATION DATES OF THE SPECIAL LEGISLATIVE COMMISSION TO STUDY AND REVIEW RHODE ISLAND'S MINIMUM WAGE (This resolution would extend the reporting and expiration dates of the special legislative commission to study Rhode Island’s minimum wage from May 4, 2025, to May 4, 2026, and said commission would expire on January 4, 2027.)

RI S0023

SENATE RESOLUTION CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY AND PROVIDE RECOMMENDATIONS FOR POTENTIAL CHANGES IN LEGISLATION/OVERSIGHT OF THE ACT ON CLIMATE (Creates a 5 member commission to provide recommendations for legislation changes and/or oversight for the Act on Climate, and would report back by May 1, 2026, and would expire on June 1, 2026.)

RI H5056

HOUSE RESOLUTION EXTENDING THE REPORTING AND EXPIRATION DATES OF THE SPECIAL LEGISLATIVE COMMISSION TO MAKE A COMPREHENSIVE STUDY AND PROVIDE RECOMMENDATIONS FOR REMEDIES TO THE EROSION OF RHODE ISLAND BEACHES (This resolution would extend the reporting and expiration dates of the Legislative Commission to Study remedies for the Erosion of Rhode Island’s beaches from January 5, 2025 to April 23, 2025, and said commission would expire on April 30, 2025.)

RI H5131

HOUSE RESOLUTION CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY AND PROVIDE RECOMMENDATIONS TO ADDRESS CONCERNS IN THE DELIVERY OF HEALTHCARE TO INMATES AND INDIVIDUALS AWAITING TRIAL IN THE CUSTODY OF THE RHODE ISLAND DEPARTMENT OF CORRECTIONS (RIDOC) (Creates a 9 member commission to study and make recommendations on the delivery of healthcare services at RIDOC, and who reports back to the House no later than January 5, 2026, and whose life would expire on March 5, 2026.)

RI S0360

SENATE RESOLUTION CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY AND ASSESS EDUCATION MODULES FOR DIVORCING PARENTS (Creates a nine (9) member commission to the study and assess the most effective module for divorcing parents, and would report back by January 27, 2026, and expire on March 27, 2026.)

RI H6269

HOUSE RESOLUTION EXTENDING THE REPORTING AND EXPIRATION DATES OF THE SPECIAL LEGISLATIVE COMMISSION TO STUDY AND MAKE RECOMMENDATIONS FOR A PLAN AND THE DESIGN OF A VIETNAM MEMORIAL TO BE LOCATED IN THE CITY OF PROVIDENCE, RHODE ISLAND (Extends the reporting and expiration dates of the commission to study a plan and the design of a Vietnam Memorial in Providence, from January 31, 2025, to January 31, 2028, and said commission would expire on April 30, 2028.)

Similar Bills

No similar bills found.