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The U.S. state of Virginia has taken a significant step towards fostering blockchain innovation and expansion, as the state’s Senate Bill No. 339 has gained overwhelming support from the House of Delegates, signalling a commitment to studying and supporting the…
Virginia proposes $17,192 annual funding for its Blockchain and Cryptocurrency Commission for 2025 and 2026 to study and recommend blockchain technology.
The Virginia State Senate introduced legislation addressing the mining and transactions of digital assets, along with their tax treatment.
According to a report by The Bulletin Time published on March 7, 2020, a Virginia lawmaker is lobbying her commonwealth’s authorities to review how distributed ledger technology (DLT) can help develop the way forward for native elections and commerce. Virginia…