{"id":161443,"date":"2025-07-01T14:33:30","date_gmt":"2025-07-01T11:33:30","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=161443"},"modified":"2025-07-01T14:33:30","modified_gmt":"2025-07-01T11:33:30","slug":"american-state-bans-crypto-investments-and-payments-in-sweeping-new-law","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/american-state-bans-crypto-investments-and-payments-in-sweeping-new-law\/","title":{"rendered":"American State Bans Crypto Investments and Payments in Sweeping New Law"},"content":{"rendered":"<p>The new legislation prohibits all Connecticut state agencies from investing in cryptocurrencies, including Bitcoin. It also bars any state entity from accepting digital assets as payment for taxes, fees, or any financial obligations owed to the state.<\/p>\n<p>This effectively eliminates the possibility of Connecticut building a state crypto reserve or integrating blockchain-based payment systems into public infrastructure.<\/p>\n<h2>New Compliance Rules for Crypto Businesses<\/h2>\n<p>Beyond banning state-level usage, House Bill 7082 also imposes strict new guidelines on businesses operating in the crypto space. Companies offering virtual currency transmission services must now provide clear and prominent disclosures outlining the risks of digital asset transactions.<\/p>\n<p><strong>The law mandates firms warn customers that crypto transactions:<\/strong><\/p>\n<ul>\n<li>Are irreversible<\/li>\n<li>Are frequently used in fraud schemes<\/li>\n<li>May involve impersonators, scammers, or false claims of identity theft<\/li>\n<\/ul>\n<p>Can involve high-pressure tactics like threats of jail, fake computer hacks, or urgent cash withdrawal instructions<br>\nThese warnings aim to protect consumers from rising cases of crypto-related scams and ensure that users are fully informed before engaging in digital currency transactions.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-averages-37-rebound-after-crises-binance-research-finds\/\" title=\"Bitcoin Averages 37% Rebound After Crises, Binance Research Finds\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/binance-research-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Averages 37% Rebound After Crises, Binance Research Finds<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<h2>Connecticut\u2019s Cautious Crypto Stance<\/h2>\n<p>While several U.S. states are exploring Bitcoin adoption or state-held crypto reserves, Connecticut\u2019s approach reflects a cautious\u2014and now codified\u2014rejection of state-level participation. The law signals a growing divergence in crypto policy across the U.S., as some states lean into innovation while others tighten restrictions.<\/p>\n<p>For Connecticut, House Bill 7082 sets a clear tone: when it comes to state involvement in digital assets, the door is firmly closed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Connecticut has officially distanced itself from government adoption of digital assets like Bitcoin. On June 30, Governor Ned Lamont signed House Bill 7082 into law, placing sweeping restrictions on how the state and its agencies can engage with cryptocurrencies.<\/p>\n","protected":false},"author":7,"featured_media":161444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72],"class_list":["post-161443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>American State Bans Crypto Investments and Payments in Sweeping New Law<\/title>\n<meta name=\"description\" content=\"Connecticut has officially distanced itself from government adoption of digital assets like Bitcoin. On June 30, Governor Ned Lamont...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/american-state-bans-crypto-investments-and-payments-in-sweeping-new-law\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"American State Bans Crypto Investments and Payments in Sweeping New Law\" \/>\n<meta property=\"og:description\" content=\"Connecticut has officially distanced itself from government adoption of digital assets like Bitcoin. 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