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5 March

The US state Senate of Virginia has just passed a bill that could have a significant impact on the development of cryptocurrencies in the state.

The bill, called Senate Bill No. 339, aims to create a task force to study the crypto ecosystem and provide recommendations for its expansion.

The bill, which was introduced on February 5, has gained broad support in the Virginia House, which passed it on March 4 with 97 votes in favor, one against and two abstentions.

Senator Saddam Azlan Salim originally proposed the bill on January 9.

The task force will focus on researching and making recommendations on the promotion and expansion of blockchain technology, digital asset mining and cryptocurrencies in Virginia.

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