El Salvador isn’t the only country pioneering crypto as a defacto currency. Individual U.S. States continue to push forward more crypto adoption. 📜
Colorado lets you pay income taxes with Bitcoin. Wyoming is still floating the idea of issuing its own stablecoin. Ohio lets businesses pay taxes with Bitcoin.
New Hampshire’s governor created a commission for the NH Department of Energy to look at how Bitcoin mining could be integrated into its energy plan.
Two bills in Mississippi and Missouri have been introduced to protect mining cryptocurrencies as a Right.
And now Arizona is in the crypto policy game. State Senator Wendy Rogers introduced a number of bills to make $BTC.X legal tender in Arizona. 😲
Just as the U.S. Dollar is legal tender for all debts, public and private, the proposed legislation would extend that right to Bitcoin in the State of Arizona. It also gives state entities the ability to work with crypto firms.
However, this isn’t the first time Senator Rogers introduced a ‘make BTC legal tender’ bill. Rogers introduced the bill in January 2022, but it was defeated.
We’ll keep you updated as this legislation develops.