Arizona senator pushes bill to recognize Bitcoin as legal tender in the state
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Arizona state Senator Wendy Rogers has reintroduced a set of bills aimed at making Bitcoin (BTC) legal tender and allowing state agencies to accept the digital currency as a form of payment.
If passed, the bill introduced on January 25 would make Arizona the first state in the United States to recognize Bitcoin as a legal form of currency officially. The bill has been co-sponsored by other Republican Party leaders from Arizona.
In announcing the bill’s launch, the lawmaker cited a recent report by banking giant Goldman Sachs indicating that Bitcoin is the best-performing asset in 2023.
Tweet of Wendy Rogers: https://twitter.com/WendyRogersAZ/status/1618037820471537664
This bill, if passed, would make it possible for residents of Arizona to use Bitcoin to pay for goods and services, just as they would with US dollars.
Oh boy