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Blockchain technology, digital asset mining, etc.; Jt. Commission on Technology & Science to study.

It became law on Apr 8, 2024.

VA SB 339 · Senate Bill · 2024

Stage
Became law
Started in
Senate
Sponsors
2
Latest action
Apr 8, 2024

What it does

Digital asset mining; holding, use, and transfer of digital assets; securities exemption; tax exemption. Exempts any person engaging in home digital asset mining, digital asset mining, or digital asset mining business activities, as those terms are defined in the bill, from the requirement to obtain a money transmitter license. The bill exempts issuers and sellers of digital assets from securities registration requirements if certain conditions are met. Under the bill, no locality's industrial zone may prohibit the use of such area for digital asset mining or digital asset mining business activities and no local sound ordinance may be more restrictive for digital asset mining or digital…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Apr 8, 2024

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Virginia.

Work with this bill

Blockchain technology, digital asset mining, etc.; Jt. Commission on Technology & Science to study. | 52