Digital Asset and Blockchain Technology Task Force - Establishment

HB 454 establishes a Digital Asset and Blockchain Technology Task Force to study how Maryland can use blockchain technology and digital assets (like cryptocurrency) in government and businesses. The task force, made up of state officials, industry representatives, and academics, will analyze risks (such as privacy concerns), benefits, economic impacts (including state revenue and energy use), and make regulatory recommendations. It must submit its findings and suggestions to Maryland’s Governor and legislature by October 1, 2026. The task force will expire automatically on December 31, 2026, with no further action needed.