Groundbreaking ‘Bitcoin Rights’ Bill Passes Into Law In Louisiana
Dennis Porter, Co-founder and CEO of the Satoshi Action Fund, took to X yesterday to announce Louisiana’s passage of the “Blockchain Basics Act.” This “Bitcoin Rights” bill represents a concrete step in potentially limiting the influence of central bank digital currencies (CBDCs).
Louisiana House Bill 488, better known as the state’s ‘Bitcoin rights’ bill, was quietly passed into law on June 19.
Spearheaded by Congressman Mark Wright, The ‘Blockchain Basics Act’ will uphold legal protections for home digital asset miners, protect digital asset users’ right to self-custody, cement citizens’ tights to use Bitcoin as a means of payment, and ban the creation of CBDCs.
MASSIVE BREAKING: Bill to defend ‘#Bitcoin Rights’ and ban CBDCs passes into law.
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