
© Reuters. US politicians actively support Bitcoin Blockchain
- Various states in the US are taking part in the adoption process.
- Texas is the most enthusiastic state when it comes to Bitcoin.
- The Governor of New Hampshire has made a significant effort to welcome Bitcoin mining.
The increasing acceptance of Bitcoin in various US states has been the subject of a recent episode of the Simply Bitcoin YouTube channel. During the session, they discussed some of the latest developments regarding states in the US trying to advance their involvement in the crypto world. Not only Bitcoin but also the security of any related activities that involve cryptocurrencies.
Leading this trend is Texas, also known as “Bitcoin Country.” The state has already released an 84-page document outlining its full support. Bitcoin.
The document entitled “The Working Group on Blockchain Matters” contained suggestions for Texas including creating legislation for cross-custody protection, offering tax incentives, and other benefits. Furthermore, it also included Bitcoin education in the curriculum.
Former Texas energy grid chief Brad Jones has been vocal about his admiration for Bitcoin miners in the state. According to him, it solved the problem of power balance and absorbed a lot of the excess energy.
Several Bitcoin miners have relocated to Texas from China in 2022.
This article titled “US Lawmakers Promote Bitcoin and Blockchain Adoption” was originally published on Coin Editions.
See the original article on CoinEdition
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.