The resolution establishes a special legislative study commission in Rhode Island to evaluate the state's approach to blockchain technology and cryptocurrency. This commission will consist of seven members, including key state officials and representatives from various sectors, such as academia and finance. Its primary objectives are to review the current landscape of blockchain and cryptocurrency, assess related laws in Rhode Island, study non-fungible tokens, gather insights from industry experts, and compile recommendations for potential legislative changes that could enhance the state's economic environment regarding these technologies.

The commission is tasked with meeting at least four times a year and will submit an interim report by January 5, 2026, followed by a final report by January 5, 2027. These reports will include data on blockchain and cryptocurrency, an analysis of their potential economic impact on Rhode Island, and suggested legislative proposals. The commission will operate without compensation for its members, who may receive reimbursement for expenses, and its findings will be made publicly accessible through the Department of Commerce and the Department of Business Regulation's websites. The commission is set to expire on February 5, 2027.