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Louisiana considers cryptocurrency adoption

May 19, 2022
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The 25th most populous U.S. state is creating a cryptocurrency adoption council, according to a report by The Daily Advertiser, a regional newspaper based in Lafayette, Louisiana.

Rep. Mark Wright of Louisiana introduced a resolution to create a committee that, after being approved by the House Appropriations Committee, must pass the full House before it enters the Louisiana Senate.

Wright also proposed a bill that would allow politicians to accept campaign contributions in cryptocurrencies. The Republican lawmaker believes that Louisiana could become a trailblazer in the crypto space.

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