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 for legal businesses without access to traditional banking services. The platform must enable cashless transactions with virtual currency converted to U.S. dollars at a 1:1 rate, record all transactions on an immutable blockchain ledger, and allow businesses to pay sales tax to municipalities. Only state-approved businesses can use the platform, which aims to help cash-reliant businesses participate in digital commerce while meeting regulatory and audit requirements. The bill takes effect six months after enactment.