Connecticut has passed the HB-7082 bill, which prohibits state investments in Bitcoin (BTC) or other virtual currencies. This comprehensive law ensures strict regulation of cryptocurrency transactions and safeguarding minor users through parental consent verification.
The new law requires crypto-related businesses to provide clear disclosures and specific receipts for transactions, detailing essential information like transaction type and value. Additionally, stringent restrictions are set on crypto custody organizations to control how virtual currencies are managed.
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