Requires Department of Treasury to review and approve digital payment platform.

This bill requires New Jersey's Department of Treasury to review and approve a blockchain-based digital payment platform designed for legal, licensed businesses that lack access to traditional banking and operate primarily in cash. The platform would enable these businesses to process cashless transactions, convert virtual currency to U.S. dollars at a 1:1 ratio, and record all transactions on a secure blockchain ledger. It mandates state approval for business access, includes features for managing expenses, paying sales tax to municipalities, and meeting regulatory compliance. The bill aims to integrate cash-reliant businesses into digital commerce while ensuring security and auditability.