Connecticut Bans Government #Crypto Use While Other States Embrace Reserves


Connecticut Governor Ned Lamont has signed House Bill 7082 prohibiting state government #cryptocurrency usage.


The legislation bars accepting crypto payments and establishing any digital asset reserves.


The bill takes effect Oct. 1 and establishes requirements for crypto money transmission licensees.


Representative Jason Doucette introduced the February bill that received overwhelming legislative support.


The move contrasts with several U.S. states exploring $BTC reserve establishment.


Texas Governor Greg Abbott approved crypto reserve legislation in June, while New Hampshire passed similar laws in May.


President Trump's executive order created a Strategic $BTC Reserve and Digital Asset Stockpile in March.


Legal experts view the Connecticut law as symbolic opposition to cryptocurrency adoption by state governments.

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July 01, 2025 at 10:38 PM
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