The path toward decentralization is paved with good intentions. Scratch that – it's paved with well-intended lawmakers who seek to uniformly regulate the ever-evolving blockchain and cryptocurrency industry but, in doing so, may unintentionally stifle its growth and introduce layers of centralization. A Tuesday, March 12, hearing in the Nevada Senate's Committee on Judiciary exemplifies this sentiment. State Senator James Ohrenschall (D) presented SB195, a bill to enact the Uniform Regulation of Virtual-Currency Businesses Act and the Uniform Supplemental Commercial Law. This two-pronged proposal represents the ... (full story)