Louisiana passes Bitcoin bill to protect Bitcoin rights

Odaily News Louisiana Passes Bitcoin Act to Protect Access to Bitcoin and Curb Central Bank Digital Currencies. The legislation, led by Rep. Mark Wright and supported by Sen. Jean-Paul Coussan, seeks to ensure continued access to Bitcoin while placing restrictions on CBDCs. Key Provisions of HB 488 - The new law provides several important protections for Bitcoin holders and miners: Right to Self-Custody: The law ensures that individuals can safely hold their digital assets. Freedom to Transaction: It guarantees the right to transact using Bitcoin, allowing individuals and businesses to consume and accept Bitcoin without additional legal barriers. Support for Bitcoin Mining: The law supports Bitcoin mining in industrial areas and aims to promote Louisiana's economic development by attracting businesses and investment. (Forbes)