US state passes bill to support Bitcoin
The US state of Louisiana has reportedly passed a pro-Bitcoin bill aimed at protecting access to the asset and restricting central bank digital currencies (CBDCs). The move coincides with another state also enshrining Bitcoin rights into law.
Louisiana Governor Jeff Landry signature the pro-Bitcoin bill after bipartisan approval in both the House and Senate.
This legislation, introduced 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 BTC without facing legal hurdles.
READ MORE:
Bitcoin: Biggest crash in 4 years coming, according to analystThe law also prohibits Louisiana from accepting CBDC payments and supports Bitcoin mining in industrial zones to attract investment and boost the state's economy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Dollar Index Down 9% in 2025 Boosts Bitcoin Outlook
The US Dollar Index is down over 9% in 2025, marking its worst yearly start ever. Bitcoin bulls see this as a major buying signal.DXY Plunge Sparks Market ReactionsWhy This Is Bullish for BitcoinA Shift in Global Market Sentiment
Staked ETH Hits All-Time High with 35M Locked
Over 35 million ETH is now staked, accounting for 28.3% of the total supply—a new all-time high for Ethereum.Ethereum Staking Reaches Record LevelsWhat This Means for EthereumA Bullish Sign for Long-Term Holders
Trump Claims Strike on Iran’s Nuclear Sites a Success
Trump announces successful attack on three Iranian nuclear sites, escalating tensions and raising global security concerns.Trump Confirms Targeted Attack on IranIran Responds to the EscalationGlobal Reaction and Market Impact
Major Crypto Liquidation Spree: 172K Traders Suffer $682M Loss
172K crypto traders liquidated in 24h, over $682M lost—$596M from longs. What drove the carnage and what comes next?Longs vs. Shorts: Who Took the Bigger Blow?What Sparked the Sell-Off?📊 What Now? Key Takeaways for Traders
Trending news
MoreCrypto prices
More
