Billing Overview: Bitcoin and Cripto

Vioming spent only in a decade to transform into Bitcoin and CRIPTO customized state. Since 2019, the legislature has adopted 30 laws that support the industry of digital property. This year, the session saw only four main advocations submitted in connection with these digital means. As the legislator is approaching headlineHere’s where these accounts stand from Monday, February 10.

HB 201 State funds – Investment in Bitcoin

HB 201 He presented a representative of Jacob VasSerburger (R-Cheienne) and sent a home committee for minerals, business and development. The bill would give the civilian treasurer the opportunity to invest up to 3% of state funds in Bitcoin. Tail. VasSerburger said he introduced an account in an effort to be a whimming forward while other countries start accepting Bitcoin.

“That’s what I really tried to do it, it was to do it before doing it before the new (Trump) administration and before the rest of the country starts to adopt it,” said VasSerburger.

Tail. VasSerburger hoped that the investment in Bitcoin could help keep the state with inflation over time. Patrick Fleming, the main investment officer for state treasure, also spoke over time in the law board. He said that Vioming has already turned out the inflation and that “a solid believer in Kruptou”, but Bitcoin is too risky to invest that it seems for the state of Vioming.

“During the last 10 years, Bitcoin was one of the best investments there. It was the month. But when you look at instability, for example, for example, in 2021. years, it is 77%, these are the kinds of things we do not want in To our portfolio, “Flemming said.

The bill was eventually voted, with only the tail. Kevin Campbell (R-Glenrock) voice. VasSerburger said he was also his colleague, tail. Daniel Singh (R-Cheienne) to convince legislators to support similar efforts in the future properly explaining the complex world of Bitcoin and Cripto. “I have faith and I hope we can find our state in the right direction (Bitcoin), a big question is only education. But I and Daniel Singh are both confident we can explain to people what we do,” said VasSerburger.

HB 256 – Choose a BLOCCHAIN ​​technology board and in emerging

“So, there is a discussion about the BlockSchain Committee,” VasSerburger said outside the home, adding that it could even be considered for the committee.

While VasSerburger was excited to be involved in the development of Bitcoin, it will have to wait. HB 256 Which would create a new choice for a block for 2025. year by 2025. years. Sponsored by Sing, the bill was assigned a number of accounts, and for the introduction to the house, but failed to get before February 3.

HB 264 – Digital currencies of Central Bank – Prohibitions

Another account that was introduced by Singh was HB 264. This account aimed to prevent the creation of the Central Bank’s digital currency (CBDC). Such currency would be issued a central institution similar to the manner in which American currency issues a federal reserve. Other countries have launched such a currency like Jam-dekThe digital currency issued by the Jamaica bank.

“IT (Bill) prohibits CBDC payments and show that there is no taxpayers to implement or support CBDC infrastructure and send a clear message to the idea of ​​basically rejecting the digital currency” explained the digital currency “explained House approval board.

Tail. John Bear (R-Gillette) supported Singh’s account saying that it was good for the state to flex their 9. and 10. Amendments. Once brought to vote, all members present on the board voted to move the account forward except the tail. Trey Shervood (D-Laramie).

The bill went through another reading in the house without a name and third reading from 3. February. The bill is now sitting in the Senate, waiting for an introduction.

HB 308 – Law on Cryptographic Borders

The last main account related to Cripto was another account that Singh brought. HB 308 He would give an authorized state prosecutor to “investigate certain federal rollover which includes blockechain or criptocurrency”. The bill is in line with Singh and VasSerburg a goal of strengthening state capacity to manage digital currencies without federal intervention. However, this account never considered the introduction company.

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