The US state of Louisiana has reportedly passed a bill in support of Bitcoin that aims to protect access to the asset and limit central bank digital currencies (CBDC).
The move coincides with another state that also enshrined Bitcoin rights into law.
Louisiana Governor Jeff Landry signed the pro-Bitcoin bill after bipartisan approval from both the House of Representatives and the Senate.
This legislation, introduced 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 securely hold Bitcoin and allows businesses to use and accept BTC without facing legal obstacles.
Additionally, the law prohibits Louisiana from accepting payments in CBDC and supports mining Bitcoin in industrial areas to attract investment and boost the state’s economy.
The Federal Deposit Insurance Corporation (FDIC) has announced a shift in its stance on digital assets under the Trump administration.
Panama is taking a bold step towards becoming a regional leader in fintech by introducing a comprehensive bill aimed at regulating cryptocurrencies and expanding blockchain services.
The U.S. Senate has voted 70-28 to overturn an IRS rule that imposed strict reporting requirements on certain crypto entities, sending the measure to President Donald Trump for approval.
The SEC’s Crypto Task Force is ramping up its efforts to tackle digital asset regulation, announcing a series of four upcoming roundtable discussions.