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June 11, 2025

Connecticut’s Controversial Bill Banning Bitcoin and Crypto Investments Passes

Connecticut has officially passed a bill that bans Bitcoin and other cryptocurrency investments. Titled HB7082: An Act Concerning the Regulation of Virtual Currency and State Investments, the legislation marks a significant shift in the state’s approach to cryptocurrency. This move raises concerns among investors and crypto enthusiasts as it restricts citizens from holding or trading virtual currencies. The implications of this ban may resonate throughout the cryptocurrency market, influencing regulations in other states. Ongoing discussions about crypto regulation continue as stakeholders evaluate the long-term impact of such laws.

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