Requires Department of Treasury to review and approve digital payment platform.

This bill requires New Jersey's Department of Treasury to review and approve a blockchain-based digital payment platform designed for legal, licensed businesses without access to traditional banking services (often operating cash-only). The platform would enable cashless transactions with a 1:1 virtual currency-to-dollar exchange, managed through an immutable blockchain ledger that records all business transactions. Businesses must obtain state approval to use the platform, which would also handle sales tax payments to municipalities and support regulatory compliance and audits. The law aims to expand digital commerce access for underserved businesses while ensuring security and transparency.