A state senator in the U.S. state of Virginia has filed new legislation that would mandate an impact study on cryptocurrencies.
A new bill introduced by Glen Sturtevant would launch a study, which, if approved, would seek to assess how the growth of cryptocurrencies and their use impacts everyday Virginians. The bill has been sent to the State Senate's Rules Committee for assessment, public records show.
At its heart, the measure queries whether lawmakers "should establish a system to protect the citizens of the Commonwealth from any existing or potential adverse effects from engaging in transactions involving cryptocurrencies." The study, according to Sturtevant's bill, would be the first step toward creating such a system.
What does this means for us?
Rapid adoption is showing effect in our communities now. Governments all over the world are now trying to regulate and impose laws against crypto-currencies. This will definitely cause more FUD throughout our communities. This can also be a good sign as well.
NONETHELESS, Keep HODLing, and stay calm. The storm will be over soon.
Lets see. Study results are in. Crypto is AWESOME