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Pennsylvania House Passes Bill for Bitcoin and Digital Asset Regulation Before Elections

Pennsylvania House Passes Bill for Bitcoin and Digital Asset Regulation Before Elections

CointimeCointime2024/10/25 07:00
By:Cointime

The Pennsylvania House of Representatives has approved a bipartisan bill that focuses on the regulation of bitcoin and other digital assets. The bill aims to clarify issues related to self-custody rights, bitcoin payments, and transaction taxes. After the elections, the bill will move to the Senate and then to the Governor's desk. This move comes amid rising stablecoin liquidity and bitcoin transactions, as well as a surge in the price of gold.

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