Virginia State Passes Crypto, Blockchain Adoption Bill
A landmark bill was enacted by the Virginia Senate of the United States, which established a workgroup charged with examining the broader crypto and blockchain ecosystem and developing suggestions to promote the growth of the technology. Legislators in Virginia introduced Senate Bill No. 339 on February 5 to solicit recommendations regarding promoting and expanding blockchain […]
Texas Blockchain Council Wins U.S. Energy Officials Lawsuit
Texas Blockchain Council and Riot Platforms Secure Favorable Ruling in Lawsuit against several United States energy officials. An article published on February 22 detailing allegations made by the TBC and Riot that the Energy Information Administration (EIA), Office of Management and Budget (OMB), and their leadership of the U.S. Department of Energy intended to acquire […]
South Africa to Explore Stablecoins, Blockchain for Digital Payments
South Africa’s 2024 budget review shows the treasury’s strategy to encourage the use of digital payments by analyzing stablecoins and blockchain. In its 2024 budget review, the nation emphasized implementing structural reforms and enhancing public financial management. The National Treasury, in the course of describing its strategy to promote digital payments, also disclosed an imminent […]
Virginia Senate Committee Proposes Yearly Fund for Crypto, AI
An annual combined fund allocation of $39,240 has been proposed by the Virginia Senate committee for two recently established commissions on cryptocurrency and artificial intelligence (AI). On February 18, the Senate Finance and Appropriations Committee’s Subcommittee on General Government proposed allocating more than $23.6 million for different legislative departments. The Blockchain and Cryptocurrency Commission, instituted […]
Blockchain Could Make Pennies ‘Useful’ – Coinbase Latest Ad
According to a new ad campaign by Coinbase cryptocurrency exchange, the utility of billions of “clunky” pennies in the United States could be restored by moving the U.S. dollar to a “well-designed blockchain.” The campaign occurred on February 12, National Lost Penny Day, an annual observance that began in 1995 to honor the invention of […]