The US state of Connecticut has rejected cryptocur
The US state of Connecticut has rejected cryptocurrencies with a law
Connecticut has taken clear steps to exclude digital assets from government affairs.
A new law passed in late May will prohibit any part of the state from accepting or investing in cryptocurrencies.
Starting October 1, 2025, public institutions in Connecticut will not be able to hold crypto reserves or accept digital currencies as payment. The legislation, known as House Bill 7082 , passed unanimously in both chambers, a rare example of bipartisan agreement to limit the role of cryptocurrencies in public finances.
This legislation also blocks the creation of a state cryptocurrency reserve – a concept that is being explored at the federal level and is being adopted in other states that are pushing for Bitcoin-backed strategies.
While dozens of states have introduced similar initiatives, Connecticut joins a smaller group including Arizona, Florida and Utah that have chosen to reject them.
With this move, Connecticut takes a firm stance in the camp of states skeptical of cryptocurrencies, while others continue to debate how digital assets should fit into the future of public finances.
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