The State Connecticut prohibits itself and its local authorities to invest in digital assets.
Connecticut has adopted House Bill 7082, which forbids the state and local authorities to be able to invest in Crypto assets and to accept these as payments from October.
“(With effect from 1 October 2025) nor the State nor any political subdivision of the State will (1) accept or require payment in the form of virtual currency for an amount that owes the state or the political subdivision, or (2) purchase, hold, invest in or set up a reserve of virtual currency.”
The bill also prohibits the state to set up a crypto strategic reserve, a concept that has already been signed by President Donald Trump at the federal level.
Although the number of accounts trying to follow the footsteps of the federal government to set up a strategic Bitcoin (BTC) reserve, has risen to 31, Connecticut has joined a handful of states that have rejected the idea in one way or another, including Montana, Wyoming, South Dakida, and ,,,,,,Ar, and ,,,,Ar, ,,,,Ar, and ,,,,ah. Pennsylvan.
Huis Bill 7082 – which received two -part support – was voted by the Congress of the State on 30 May and received 148 votes in favor of and zero votes against it from the House of Representatives and 36 votes in front and zero votes against the Senate, according to the State.
Follow us on X, Facebook and Telegram
Don’t miss a beat – Subscribe to get e -mail notifications directly to your inbox
Check price promotion
Surf the Daily Hodl -Mix
Generated image: dalle3