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10/25/2024 11:56:45 AM (GMT+1)

The Pennsylvania House of Representatives approved House Bill 2481 on Bitcoin and digital asset regulation: 176 votes in favor and 26 against, with a focus on self-custody rights, Bitcoin payments, and transaction taxation 🏛️

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The Pennsylvania House of Representatives passed a bill on Bitcoin and digital asset regulation, receiving bipartisan support. Known as the “Bitcoin Rights Act” (House Bill 2481), the bill aims to provide legal certainty for digital assets. It affirms residents' rights to self-custody, the use of Bitcoin as a means of payment, and establishes rules for Bitcoin transaction taxation.

The bill received significant approval — 176 votes in favor and 26 against, including full support from all Republicans. After the elections, the document will be reviewed by the State Senate and then submitted for the governor's signature.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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