American state passes bill in support of Bitcoin

Byadmin

Jun 25, 2024
American state passes bill in support of BitcoinAmerican state passes bill in support of Bitcoin

According to the information, the US state of Louisiana has passed a bill in support of Bitcoin, aimed at protecting access to the asset and limiting central bank digital currencies (CBDCs). This move coincides with another state that has also enshrined Bitcoin rights in law.

Louisiana Governor Jeff Landry signed the pro-Bitcoin bill after bipartisan approval from both the House of Representatives and the Senate.

Introduced by Representative Mark Wright and Senator Jean-Paul Cousan, this legislation 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 BTC without encountering legal barriers.

In addition, the law prohibits Louisiana from accepting payments in CBDCs and supports Bitcoin mining in industrial zones to attract investments and stimulate the state’s economy.

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