Opposing the Trend? Connecticut State Legislation Prohibits Government Investment in Virtual Currencies, Setting a National Precedent
Opposing the Trend? Connecticut State Legislation Prohibits Government Investment in Virtual Currencies, Setting a National Precedent
Opposing the Trend? Connecticut State Legislation Prohibits Government Investment in Virtual Currencies, Setting a National Precedent

Connecticut Government Bans Virtual Currency Holdings

According to House Bill 7082, the Connecticut government and its affiliated agencies are prohibited from accepting, holding, or investing in any form of virtual currency, including Bitcoin and stablecoins. The law will come into effect on October 1, 2025, aiming to prevent potential risks of cryptocurrency price volatility to public funds.

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