New Hampshire Bitcoin bill passes through House committee in a landslide
The state of New Hampshire is making strides towards embracing the world of cryptocurrency, as its House commerce committee has recently voted in favor of a Bitcoin bill. This bill, which aims to regulate and recognize Bitcoin as a legal form of payment, will now move on to be voted on in the House.
The bill, which was introduced by Representative Dennis Acton, has received widespread support from both the cryptocurrency community and lawmakers. In fact, the committee voted in favor of the bill with an overwhelming 16-1 majority, showing a strong belief in the potential of Bitcoin and other cryptocurrencies.
If passed, this bill would make New Hampshire one of the most progressive states in terms of cryptocurrency regulation. It would officially recognize Bitcoin as a legal form of payment, allowing businesses to accept it as a method of transaction. This would not only benefit the state’s economy, but also provide more options for consumers and businesses alike.
The bill also includes provisions for the state to accept Bitcoin as a form of tax payment, further solidifying its legitimacy and potential as a mainstream currency. This move could potentially attract more businesses and investors to the state, as they would have the option to pay their taxes in a digital currency that is gaining more and more recognition and acceptance worldwide.
New Hampshire’s Bitcoin bill is a step in the right direction towards embracing the future of finance and technology. With the increasing popularity and adoption of cryptocurrencies, it is important for states to stay ahead of the curve and create a welcoming environment for this new form of currency. The House vote will be a crucial moment for the state and the cryptocurrency community as a whole, and we can only hope that it will pave the way for more states to follow suit.
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