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Several states getting early jump on emerging blockchain, cryptocurrency acceptance

Thursday, January 23, 2025

Recent headlines have been full of discussion on cryptocurrencies and speculation on significant changes in federal policy related to the technology. Anticipating federal action, leaders of several states are exploring ways to get their own jurisdictions involved in the space. Here are some recent examples, drawing from proposed legislation to implemented policies and structures for acceptance of the financial innovation:

States Considering Bitcoin Reserves

ARC POWER Initiative awards $47 million to diversify Appalachian economies

Thursday, October 20, 2022

The Appalachian Regional Commission (ARC) recently announced its largest POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Initiative funding package. This funding package awards nearly $47 million to 52 projects in 181 counties to support economic diversification and mitigate job losses from coal-related industries in Appalachian communities. 

Seven universities receive NSF Regional Resilience Innovation Incubator (R2I2) funding

Thursday, August 14, 2025
NSF’s Regional Resilience Innovation Incubator (R2I2) project has awarded Phase 1 funding to six teams, each addressing specific regional climate challenges and demonstrating solutions. The award includes funding for a seventh team to create the R2I2 National Office, which will support the collective and coordinated implementation of R2I2 award activities.

Statewide strategies are preparing for the new federal policy and funding landscape

Thursday, October 23, 2025
As states strive to strengthen their science, technology, innovation, and entrepreneurship programs during an uncertain federal funding period, many are developing strategic plans that provide a roadmap for doing so. SSTI has recently seen examples of plans from West Virginia, Arizona, and California.