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    The American State Passes Bill in Support of Bitcoin

    By adminJun. 25, 2024No Comments1 Min Read
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    The American State Passes Bill in Support of Bitcoin
    The American State Passes Bill in Support of Bitcoin
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    According to reports, the state of Louisiana in the United States has passed a bill supporting Bitcoin, with the aim of protecting the use of this asset and restricting central bank digital currencies (CBDC). This move coincides with another state also enshrining Bitcoin rights in its laws.
    Louisiana Governor Jeff Landry
    signs
    the bipartisan bill supporting Bitcoin after it was approved by both the House and the Senate.
    The legislation was introduced by Representative Mark Wright and Senator Jean-Paul Cousin, and aims to facilitate easier access to Bitcoin while imposing restrictions on CBDCs.
    The new law ensures that individuals can securely hold Bitcoin and allows businesses to use and accept Bitcoin without facing legal obstacles.
    Read more:


    Analysts predict the most severe crash for Bitcoin in four years
    The law also prohibits Louisiana from accepting CBDC payments and supports Bitcoin mining in industrial zones to attract investments and promote the state’s economy.

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