The bill aims to provide regulatory clarity for digital assets, including self-custody rights, bitcoin payments, and transaction taxation.
The Pennsylvania House of Representatives has passed a bill that aims to bring regulatory clarity to digital assets in the state.
House Bill 2481, also known as the Bitcoin Rights bill, received overwhelming support, with 176 votes in favor and 26 against, including unanimous backing from all 100 Republican members, the report said.
The bill addresses key areas such as residents' rights to self-custody digital assets, the use of bitcoin as a payment method, and guidelines for taxing bitcoin transactions.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.