"Florida can no longer remain on the sidelines when it comes to cryptocurrency. I have directed my office to create a position that will oversee how current securities and insurance laws apply to Initial Coin Offerings (ICOs) and cryptocurrencies as well as shape the future of these regulations in our state," Patronis remarked.
I can't help but laugh at this article, maybe I'm wrong, but this is just going to be a waste of tax payer money in Florida, this person isn't going to be able to keep up with the changes in crypto, and even if they could what are they going to do about it? Government is always trying to save the day, when they just need to let people live their lives. That's my two cents anyway.
Read the full story here...
https://www.coindesk.com/florida-becomes-first-us-state-to-appoint-a-crypto-czar/
