Arizona senator Wendy Rogers unveiled a set of bills on Wednesday, which would adopt Bitcoin as legal tender and facilitate the use of the flagship crypto in the state.
If enacted, Bitcoin will be accepted as a means of payment for goods and services at the state agencies. The bills’ approval will also make Arizona the first U.S. state to adopt Bitcoin as legal tender.
Under the Arizona bill, Bitcoin is defined as “the decentralized, peer-to-peer digital currency in which a record of transactions is maintained on the Bitcoin blockchain, and new units of currency are generated by the computational solution of mathematical problems, and that operates independently of a central bank.”
And Bitcoin For All!
Senator Wendy Rogers first introduced a bill to make Bitcoin legal tender in January 2022. However, the senator’s proposal hit a roadblock and the bill wasn’t accepted.
Passing the bill plays a symbolic role in the US, where the…
