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 that lack access to traditional banking and operate primarily in cash. The platform must enable secure cashless transactions with a 1:1 virtual currency-to-dollar conversion, record all transactions on a permanent digital ledger, and allow businesses to pay sales tax to local municipalities. Businesses would need state approval to use the platform, which must also support managing expenditures and meeting regulatory requirements. The law aims to expand digital commerce access for cash-reliant businesses while ensuring compliance and security.