Connecticut Governor Ned Lamont has signed legislation prohibiting the state from accepting cryptocurrency as official reserves or for payments. The law, known as House Bill 7082, explicitly forbids the Connecticut government and its agencies from holding virtual currencies as state… Read More »Connecticut Signs Law Banning State Use of Crypto Reserves and Payments
Connecticut has implemented a ban on the use of cryptocurrencies within all state government operations through the enactment of House Bill 7082 (HB7082). The legislation explicitly prohibits state agencies from using, accepting, or investing in cryptocurrencies. This move reflects a… Read More »Connecticut Bans Cryptocurrency Use in State Government Operations
Connecticut has implemented a significant ban on state government cryptocurrency holdings and introduced stringent consumer protection measures, setting itself apart from numerous other states exploring Bitcoin reserve options. House Bill 7082 explicitly prohibits state entities from holding virtual currency reserves… Read More »Connecticut Enacts Ban on State Crypto Reserves, Bolsters Consumer Protections