2 years ago
Republican legislator Wendy Rogers introduced a measure connected Jan. 25 that proposes including Bitcoin (BTC) successful the database of currencies accepted arsenic ineligible tender successful Arizona. If passed, Arizona would go the archetypal authorities successful the U.S. to clasp Bitcoin arsenic an authoritative currency.
The bill, if approved, volition alteration Arizona residents to bargain and merchantability goods and services, and wage taxes and dues with BTC.
Rogers had antecedently introduced bill SB 1341 seeking to marque Bitcoin ineligible tender successful January 2022. The caller bill, SB 1235, proposes amending the explanation of ineligible tender to see BTC successful existing laws successful summation to declaring the largest cryptocurrency arsenic ineligible tender.
It is questionable, however, whether Arizona volition beryllium capable to enact the measure into law. The U.S. Constitution specifically restricts states from creating their ain ineligible tender.
The station Arizona legislator keeps pushing to marque Bitcoin ineligible tender appeared archetypal connected CryptoSlate.
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