Louisiana Passes Bill to Support Bitcoin, Restrict CBDCs: New Law Ensures Bitcoin Access and Promotes Mining Investments

The U.S. state of Louisiana has passed a groundbreaking bill to support Bitcoin, aimed at safeguarding access to the cryptocurrency and restricting the use of central bank digital currencies (CBDCs). Governor Jeff Landry signed the bill into law following bipartisan approval in both the House and Senate.

The legislation, introduced by Representative Mark Wright and Senator Jean-Paul Cousins, seeks to facilitate Bitcoin access while imposing limitations on CBDCs. The new law ensures that individuals can securely store Bitcoins and allows businesses to use and accept BTC without legal obstacles.

Additionally, the law prohibits Louisiana from accepting CBDC payments and promotes Bitcoin mining in industrial zones, aiming to attract investment and stimulate the state's economy. This move coincides with another state enshrining Bitcoin rights into law. $BTC $ETH $BNB

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