Arizona makes bitcoin legal tender

arizona makes bitcoin legal tender

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PARAGRAPHAn Arizona Senator has proposed making Bitcoin legal tender in front of Arizona governor Doug it the first state to into law. El Salvador became the first.

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Blockchain regulation

Republicans hold 16 of Arizona's 30 state senate seats and 31 of its 60 House of Representative spots. Rogers has also proposed allowing voters in decide whether cryptocurrency should be tax exempt in the state. Last week, lawmakers in Missouri and Mississippi sought to craft law protecting citizens' rights to mine bitcoin , an electricity-guzzling process that was banned in New York last year. Trending News. There may be no regulatory recourse for any loss from such transactions.