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‘Unworkable’ bill to ban blockchain immutability is introduced in Illinois

Cryptocurrency 11 minutes ago (Feb 20, 2023 02:40AM ET)

‘Unworkable’ bill to ban blockchain immutability is introduced in Illinois

A recently introduced Illinois Senate Bill has been ridiculed by the crypto community over its “unworkable” plans to force blockchain miners and validators to do “impossible things” — such as reversing transactions if ordered to do so by a state court.

The Senate Bill was quietly introduced into the Illinois legislature on Feb. 9 by Illinois Senator Robert Peters, but appears to have been only recently noticed by the community after Florida-based lawyer Drew Hinkes discussed it in a tweet on Feb. 19.

Senator Robert Peter’s bill to ban immutability on blockchains. Source: Illinois General Assembly

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