Connecticut Passes Bill Banning State Investment in Bitcoin, Sparking Debate

The US state of Connecticut has officially passed Bill HB7082, marking a significant turning point as it completely bans state investment in Bitcoin and other cryptocurrencies.

This decision goes against the broader trend seen in several other US states, where Bitcoin and digital assets are being embraced or integrated into financial policies.

Connecticut Bans State Investment and Holdings in Bitcoin

According to Bitcoin Laws, Connecticut passed legislation that prohibits the state from investing in Bitcoin. Bill HB7082 bars the state from accepting, holding, or investing in any type of virtual currency.

Notably, both the state Senate and House passed HB7082 with unanimous approval and no opposing votes. This reflects a firm and unified stance from the state government.