Bitcoin Rights Secured In Louisiana: New Bill Protects BTC And Shuns CBDCs

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The story "Bitcoin Rights Secured In Louisiana: New Bill Protects BTC And Shuns CBDCs" was covered 1 weeks ago by Bitcoinist, a news publisher based in Hungary.

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Bitcoinist 1w ago

Bitcoin Rights Secured In Louisiana: New Bill Protects BTC And Shuns CBDCs - Bitcoinist

Quick Summary:

Bitcoin, the leading cryptocurrency asset in the financial sector, is set to garner more recognition as the state of Louisiana has enacted a historic law that will safeguard BTC access while outlawing the use of Central Bank Digital Currencies (CBDCs).

Last month, the state of Oklahoma, under the leadership of Governor Kevin Stitt, passed the bill into law, expected to become effective from November 1, 2024.

It is indicative of the growing uncertainty of CBDCs, which critics believe might result in unprecedented surveillance and centralized control over financial operations.