According to reports, the state of Louisiana in the United States has passed a bill supporting Bitcoin, aimed at protecting the use of the asset and limiting central bank digital currencies (CBDC). This comes as another state also enshrines Bitcoin rights into law.
Louisiana Governor Jeff Landry signed the bill, which supports Bitcoin after approval from both the House and Senate.
The legislation, proposed by Representative Mark Wright and Senator Jean-Paul Cousin, 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 barriers.
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The law also prohibits Louisiana from accepting CBDC payments and supports Bitcoin mining in industrial areas to attract investment and promote the state’s economy.
