U.S. Virginia Senate Bill No. 339, which aims to create a work group dedicated to study cryptocurrencies, blockchain and crypto mining, received a majority support from Senate.
The Virginia Senate in the United States passed a landmark bill that would lead to the creation of a workgroup dedicated to studying the overall crypto ecosystem and making recommendations to foster the tech’s expansion.
On Feb. 5, Virginia lawmakers introduced Senate Bill No. 339 with the intent to get recommendations on fostering and expanding blockchain technology, digital asset mining, and cryptocurrency in the state.
Virginia House passed the bill on March 4 with a majority support of 97 yeas, one nay and two choosing to abstain from voting.