• Date Due: December 01, 2024
  • Author: Joint Commission on Technology and Science
  • Enabling Authority: Chapter 709 Enactment Clause 1. (Regular Session, 2024)
  • Description:
    Report on the findings and recommendations on the analysis of using, and fostering the appropriate expansion of, blockchain technology, digital asset mining, and cryptocurrency in the Commonwealth; and the creation of a Blockchain and Cryptocurrency Commission related to the use of and regulation over blockchain technology and cryptocurrency in the Commonwealth, including (i) an examination of the risks, including privacy risks, and benefits of using blockchain technology in state and local government and in businesses in the Commonwealth and (ii) an assessment of the impact of the cryptocurrency industry on the Commonwealth, including the effect on state revenues and energy consumption. [Includes reporting requirements of Chapter 707, Enactment Clause 1., of the 2024 Acts of Assembly.]