According to reports, the state of Louisiana in the United States has passed a bill in support of Bitcoin, aimed at protecting the use of the asset and restricting central bank digital currencies (CBDC). This comes as another state also enshrines Bitcoin rights into law.
Louisiana Governor Jeff Landry signed the bill supporting Bitcoin after it was approved by 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 CBDC.
The new law ensures that individuals can safely 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 zones to attract investment and promote the state’s economy.
