Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Louisiana passes Bitcoin bill to protect Bitcoin rights

Odaily2024/06/24 12:33
By:Odaily
Odaily News Louisiana Passes Bitcoin Act to Protect Access to Bitcoin and Curb Central Bank Digital Currencies. The legislation, led by Rep. Mark Wright and supported by Sen. Jean-Paul Coussan, seeks to ensure continued access to Bitcoin while placing restrictions on CBDCs. Key Provisions of HB 488 - The new law provides several important protections for Bitcoin holders and miners: Right to Self-Custody: The law ensures that individuals can safely hold their digital assets. Freedom to Transaction: It guarantees the right to transact using Bitcoin, allowing individuals and businesses to consume and accept Bitcoin without additional legal barriers. Support for Bitcoin Mining: The law supports Bitcoin mining in industrial areas and aims to promote Louisianas economic development by attracting businesses and investment. (Forbes)
0

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.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!

You may also like

Cryptocurrency Statement from Visa: “The Future Will Be Different”

Visa's cryptocurrency manager, Cuy Sheffield, spoke about the future of the industry in his statement. Here are the details.

Bitcoinsistemi2024/09/20 22:15

Will Altcoin Season Begin? Analytics Company Gives Its Opinion

Is there a possibility of a rally on the altcoin side after the FED makes a big interest rate cut? The analysis company shared.

Bitcoinsistemi2024/09/20 22:15

Michael Saylor’s Bitcoin Claim Dropped Like a Bomb: “According to Credible Rumors…”

MicroStrategy board chairman Michael Saylor touched on a Bitcoin claim in his statement.

Bitcoinsistemi2024/09/20 22:15