Governing body of Louisiana gives Bitcoin its nod of approval
Louisiana recently gave a shout out to Bitcoin’s success in a new resolution. Bitcoin has gained increasing levels of adoption over the past several months amid its rise past $60,000. The government of the U.S. state of Louisiana recently released a resolution in which it noted some of Bitcoin’s (BTC) accomplishments.“THEREFORE, BE IT RESOLVED that the House of Representatives of the Legislature of Louisiana does hereby commend Satoshi Nakamoto for his contribution to economic security,” said House Resolution No. 33 from Rep. Mark Wright. According to an article from The Hill, the document....
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The Republican Party of Louisiana (LAGOP) is now accepting contributions in bitcoin via its official website. Only New York state has made the same move within the Republican Party, as have the Libertarian Party of Louisiana and the Libertarian Party of Texas. The news follows guidance from the US Federal Election Commission (FEC) determining that political campaigns and political action committees (PACs) can accept bitcoin as a form of in-kind donation under current federal election laws. Speaking to CoinDesk, LAGOP executive director Jason Doré said other states may soon follow suit as....
Bitcoin, the leading cryptocurrency asset in the financial sector, is set to garner more recognition as the state of Louisiana has enacted a historic law that will safeguard BTC access while outlawing the use of Central Bank Digital Currencies (CBDCs). New Bill Protects Bitcoin Access In Lousiana Dennis Porter, the Chief Executive Officer (CEO) and […]
A Louisiana man and his son have plead guilty to running an unlicensed bitcoin exchange, the US Department of Justice said today. According to the Justice Department, Randall Lord and his son, Michael, plead guilty to one count of conspiracy to operate an unlicensed money services business. Further, the Lords allegedly failed to report cash receipts in excess of $10,000. The elder Lord also plead guilty to a charge of conspiracy to distribute the anti-anxiety medication alprazolam. The Justice Department said in a statement: “According to the guilty plea, from at least 2013 to 2015, the....
The U.S. state of Louisiana has passed a resolution to commend bitcoin for its success as well as commend the cryptocurrency’s pseudonymous creator, Satoshi Nakamoto, “for his contribution to economic security.” State Resolution Recognizing Satoshi and Bitcoin The Louisiana House of Representatives resolution by Representative Mark Wright entitled, “Commends Bitcoin and the cryptocurrency industry,” has been enrolled and signed by the Speaker of the House. House Resolution 33 (HR 33) reads: Resolution to commend Bitcoin for its success in becoming the first....
After announcing plans to go crypto in September last year, the U.S. Figure Skating now officially accepts Bitcoin for donations. The United States national governing body for the sport of figure skating, the U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like Bitcoin (BTC).The association has partnered with the enterprise-level donation platform Engiven in order to start accepting donations and gifts in cryptocurrency, the U.S. Figure Skating announced on Tuesday. The organization initially revealed its plans to enable cryptocurrency....