Louisiana passes bill defending BTC and banning CBDC
Name
Louisiana passes bill defending BTC and banning CBDC
Description
Louisiana has passed a new bill that defends Bitcoin (BTC) and bans central bank digital currencies (CBDCs). The legislation, known as the CBDC Anti-Surveillance State Act, prohibits the Federal Reserve from issuing or using CBDCs for monetary policy or individual transactions.
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Cover
Date
06
Month25
Day2024
Year04
:30
am
Location
Louisiana, US State
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Louisiana joins other states like Oklahoma, Montana, and Arkansas in enacting pro-Bitcoin legislation, setting a precedent for protecting cryptocurrency rights and mining activities while restricting the implementation of central bank digital currencies at the state level.
Crypto
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