A growing gap comes in the American states about how to approach digital assets, with a few areas of law that heat up to bitcoin and blockchain innovation, while others hit the brakes.
This has become especially clear in how Connecticut and Louisiana offer contrasting reactions to the developing crypto economy through recent legal efforts.
No Bitcoin -Reserve for Connecticut
Connecticut legislators introduced a radical new measure that the State cannot prevent to keep or use digital currency.
The bill known as HB7082received unanimous approval from both legislative rooms on 10 June and will take effect in October.
The new law prohibits government agencies to invest in or transactions with a virtual currency, including Bitcoin. It also prohibits the use of crypto for payments to the state and prevents public entities from needing payment in digital assets.
According to the account:
“Neither the State nor any political subdivision of the State will (1) accept or require payment in the form of virtual currency for an amount that owes the state or the political subdivision, or (2) purchase, hold, invest in or a reserve of virtual currency.”
In the meantime, in addition to prohibiting crypto in government activities, the Connecticut Act also imposes new compliance rules on money channels and crypto service providers who are active in the state.
These companies will now be confronted with stricter license requirements and compulsory risk provisions. Companies must show visible warnings to users and warn them that crypto transactions are irreversible and losing due to scams or errors may not be able to be repaired.
The legislation includes extra consumer protection, such as age verification for users under the age of 18 and mandatory transparency on transaction conditions.
Louisiana investigates Crypto
While Connecticut is to limit crypto, Louisiana leans in the future of digital technologies.
On June 10, the House of Representatives of the State passed A resolution that sets up a task force to study blockchain technology and artificial intelligence.
The legislators acknowledged that almost 20% of Americans now have crypto, which emphasizes the need to understand his chances and risks.
In view of this, the newly formed committee will investigate potential applications of blockchain and AI and the legal frameworks that are needed to manage their growth.
The Task Force of Louisiana will organize public hearings to collect insights from experts from industry, companies and local communities as part of its mandate.
The group will deliver its findings and policy recommendations to the state legislator by February 2026.
