HB 470

Digital Asset and Blockchain Technology Task Force - Establishment

Sponsor: Adrian Boafo (District 23)Committee: Economic MattersSubject: Financial InstitutionsStatus: Approved by the Governor - Chapter 548 (as of Sep 4, 2026)

What this bill does

Official synopsis

Establishing the Digital Asset and Blockchain Technology Task Force to study and make recommendations regarding the use and regulation of blockchain technology and cryptocurrency in the State; and requiring the Task Force to report its findings and recommendations to the Governor, the General Assembly, the Senate Finance Committee, and the House Economic Matters Committee by October 1, 2027.

AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.

Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.

Testimony (12)

MGA witness list

FAV 8FavorableFWA 3Favorable with amendmentsINFO 1Information only

Position	Witness	Organization	Testimony
FAV	Rogers, Matthew	Blockchain Legal Institute	Written (PDF)
FAV	Chandra, Mickie	Maryland Blockchain Association	Oral + Written (PDF)
FAV	Cooper, Jacqueline	Maryland Blockchain Association	Oral
FAV	Zirkle, Andrewlobbyist	Maryland Tech Council	Oral
FAV	Dellaccio, Anastasia	The Digital Chamber	Oral + Written (PDF)
FAV	Boafo, Delegate Adrian	Individual	Written (PDF)
FAV	Delegate Boafo, Delegate Boafolegislator	Individual	Oral
FAV	Vetter, Drew	Individual	Written (PDF)
FWA	Richards, Evanlobbyist	Maryland Bankers Association	Oral + Written (PDF)
FWA	Clark, Tiffany	Office of the Attorney General	Written (PDF)
FWA	Murray, Rorylobbyist	Individual	Oral + Written (PDF)
INFO	Davis, Dereck	Maryland State Treasurer's Office	Written (PDF)

Organizations on record

Blockchain Legal InstituteFAV 1

Maryland Bankers AssociationFWA 1

Maryland Blockchain AssociationFAV 2

Maryland State Treasurer's OfficeINFO 1

Maryland Tech CouncilFAV 1

Office of the Attorney GeneralFWA 1

The Digital ChamberFAV 1

Registered lobbyists who testified

FAVZirkle, AndrewMaryland Tech CouncilRegistered for: Technology Council of Maryland, Inc.

FWARichards, EvanMaryland Bankers AssociationRegistered for: Maryland Bankers Association

FWAMurray, RoryRegistered for: Alliance to Prevent Legionnaire's Disease; American Council of Engineering Companies/MD; Association of Independent Maryland and D.C. Schools; Chesapeake Watershed Restoration Professionals; Kaiser Permanente; Lightstar Renewables…