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.)

Rhode Island Blockchain & Cryptocurrency Study Commission

This Rhode Island bill would create a special five-member legislative commission to study blockchain technology and cryptocurrency. Rather than passing new laws right away, the state legislature wants to first gather information and develop informed recommendations about how Rhode Island should regulate or support these technologies. The commission would be tasked with proposing specific legislative ideas based on their research and findings.

The commission would operate on a clear timeline. Members would need to deliver an interim progress report by January 5, 2027, giving lawmakers an early look at their findings. A final report with complete recommendations would be due by January 5, 2028. The commission would then automatically expire on February 5, 2028, meaning it is designed as a temporary study group rather than a permanent government body.

This bill could affect a wide range of Rhode Islanders — from individuals who invest in or use cryptocurrency, to businesses that operate using blockchain technology, to financial institutions and tech companies that may eventually face new state regulations. By studying the topic first, the legislature is trying to make sure any future laws are well-informed before they are written. The bill was introduced in the Senate and referred to the Senate Committee on Artificial Intelligence & Emerging Technologies, where it was scheduled for a hearing in April 2026.