Louisiana Protects Bitcoin, Bans CBDCs: A Financial Shift

Louisiana's Bold Move in Digital Finance: House Bill 488 Explained

Louisiana just made a bold move in the world of digital finance. With House Bill 488 now law, thanks to Governor Jeff Landry’s signature, the state has thrown its weight behind bitcoin while keeping a wary eye on government-controlled digital currencies. This bipartisan effort, led by Rep. Mark Wright and Sen. Jean-Paul Coussan, isn’t just another piece of legislation. It’s a strong statement on financial freedom in the digital age. The bill offers robust protections for bitcoin users while setting clear boundaries for Central Bank Digital Currencies (CBDCs).