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The authorities legislator besides introduced a akin measure that aims to marque Bitcoin ineligible tender successful 2022 but did not find immoderate success.
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Wendy Rogers, a authorities legislator successful Arizona, United States, has launched bills concerning cryptocurrency, including 1 that aims to marque Bitcoin (BTC) a ineligible tender successful Arizona.
In a caller tweet, Rogers cited information from concern steadfast Goldman Sachs that BTC is the best-performing plus successful the satellite and announced that she launched a acceptable of crypto bills.
— Wendy Rogers (@WendyRogersAZ) January 25, 2023One of the projected bills focuses connected making BTC a ineligible tender successful the state. If passed into law, BTC volition person the aforesaid presumption arsenic the USD, becoming an accepted mean of speech for indebtedness payment, nationalist charges, taxes and dues successful the state.
In 2022, the authorities legislator besides introduced a akin bill. However, it did not find immoderate success. Despite this, Rogers inactive continues efforts to propulsion BTC guardant successful the state. In April 2022, the U.S. authorities authoritative spoke against cardinal banks and voiced her enactment for decentralized Bitcoin. She tweeted:
Centralized integer wealth controlled by the cardinal bankers is slavery. Decentralized #Bitcoin is freedom.
— Wendy Rogers (@WendyRogersAZ) April 2, 2022Apart from this, Rogers besides participated successful introducing a measure that seeks to make crypto a tax-exempt property. If approved, voters tin determine successful 2024 if they privation tokens that bash not correspond overseas currencies oregon the USD, exempt from taxes.
Related: US Senator Ted Cruz pushes for crypto successful Congress ... utilizing snacks
On Sept. 7, 2021, El Salvador officially made Bitcoin a ineligible tender successful the country. More than a twelvemonth later, making Bitcoin a ineligible tender successful the state proved to contiguous assorted benefits. This includes an increase successful tourism successful 2022, with 1.1 cardinal radical visiting the state successful the archetypal fractional of the year.
On Jan. 22, Brazil and Argentina announced preparations to make a communal currency that volition beryllium moving parallel with the Brazilian existent and the Argentine peso. Responding to this, Coinbase CEO Brian Armstrong suggested that moving to Bitcoin whitethorn beryllium the close “long-term bet” for some countries.
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