Virginia Proposes a Mere $17,192 a Year for New Blockchain and Cryptocurrency Commission
Summary
Virginia's Subcommittee on General Government plans to allocate $17,192 annually to the Blockchain and Cryptocurrency Commission in 2025 and 2026. This amount is slightly less than the $22,048 allocated to the Artificial Intelligence Commission, but more than the $12,090 given to the Virginia Autism Advisory Council. The Blockchain and Cryptocurrency Commission, recently established in the legislative branch of the state department, consists of 15 members who will study and make recommendations on blockchain technology and digital assets. The estimated yearly expenditure of $17,192 is intended to cover meeting-related costs, including travel expenses.
