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US: Connecticut bans Bitcoin investment and tightens crypto laws
Connecticut has drawn a clear line in the sand on digital asset investment by passing House Bill 7082, which formally prohibits the state from investing in cryptocurrencies such as Bitcoin. The new law, enacted on Tuesday without a single opposing vote in either the House or Senate, also prevents the creation of a state-held Bitcoin reserve. With the bill now in effect, Connecticut becomes the latest state to harden its stance on crypto amid a wave of divergent strategies emerging across the United States. As part of the newly adopted legislation, Connecticut has also revised its money transmission framework to ... (full story)
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