+1.88% Bitcoin (BTC) 20054.05 EUR
+1.49% Ethereum (ETH) 1379.8 EUR
+0.32% Litecoin (LTC) 55.75 EUR
+1.14% B-Cash (BCH) 121.59 EUR
-0.28% Ethereum (ETH) 0.0695789 BTC
-1.38% Litecoin (LTC) 0.00281285 BTC
-0.81% B-Cash (BCH) 0.0061206 BTC
+1.44% Bitcoin (BTC) 19387.7883 USDC
+0.43% USD Coin (USDC) 1.03 EUR
+1.38% Bitcoin (BTC) 19385.536 USDT
+0.41% Tether (USDT) 1.03 EUR
-0.47% Chainlink (LINK) 8.13 EUR
-2.22% Chainlink (LINK) 0.00041089 BTC
-1.32% Dogecoin (DOGE) 0.06 EUR
-3.30% Dogecoin (DOGE) 0.00000322 BTC
-0.60% Uniswap (UNI) 5.99 EUR
-2.41% Uniswap (UNI) 0.00030269 BTC
-1.19% Cardano (ADA) 0.46 EUR
-2.85% Cardano (ADA) 0.0000235 BTC
+0.21% Tron (TRX) 0.06 EUR
-1.56% Tron (TRX) 0.00000314 BTC
-1.36% Shiba Inu (SHIB) 0.00001156 EUR
+3.62% Zcash (ZEC) 59.93 EUR
+2.04% Zcash (ZEC) 0.00303 BTC
-1.65% Basic Attention Token (BAT) 0.000016 BTC
+1.74% TradeFlow (TFLOW) 0.05232344 BUSD

State Senator Introduces Bill to Make Bitcoin Legal Tender in Arizona

01-31-2022

A bill introduced in Arizona would make bitcoin legal tender in the state in the unlikely event that the legislation passes and the law goes into effect.

 

  • The bill, SB 1341, was introduced by state Sen. Wendy Rogers, a Republican. It seeks to amend the list of accepted legal tender to include bitcoin, which means the cryptocurrency would be accepted for the payment of debt, public charges, taxes and other dues.
  • Whether such a law could go into effect is questionable, given that the U.S. Constitution doesn't allow individual states to create their own legal tender.
  • The bill must pass the Arizona state senate and house before Gov. Doug Ducey, a Republican, could sign it into law.
  • Rogers, who took office in early 2021, is a controversial figure who has ties to the anti-government group Oath Keepers and who praised conspiracy theory group QAnon.
  • Don Huffines, a Republican real estate developer and current candidate for Texas governor, recently said he would make bitcoin tender if he’s elected.
  • Last September, El Salvador made bitcoin legal tender alongside the U.S. dollar and remains the only country in the world that has made the cryptocurrency an official currency.

 

Source: Coindesk