Amid the growing debate over cryptocurrencies in the United States, the state of Louisiana has taken a decisive step by passing Bitcoin-friendly legislation. This landmark legislation, now signed into law by Governor Jeff Landry, reinforces the region’s commitment to financial innovation and establishes a clear distance from Central Bank Digital Currencies (CBDCs).

House Bill 488, which received bipartisan support in the Louisiana House of Representatives and Senate, was initially driven by the efforts of Representative Mark Wright and Senator Jean-Paul Coussan. This new legislation not only facilitates access to Bitcoin for citizens, but also places robust restrictions on the use of CBDCs within the state.

“This legislation ensures that individuals can safely hold their BTC while allowing businesses to spend and accept Bitcoin without legal barriers,” Governor Landry said during the signing ceremony. The law also expressly prohibits the state of Louisiana from accepting CBDC payments, reinforcing its support for Bitcoin mining, especially in industrial zones. This strategic decision aims to attract significant investment and strengthen the local economy through technological innovation.

Behind this decision is the vision of making Louisiana an example for other US states by showing that it is possible to create a friendly regulatory environment that favors cryptocurrencies over central bank-issued digital currencies. In doing so, Louisiana aims to be a beacon for the adoption of digital currencies, encouraging others to follow a similar path.


The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.


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