Connecticut’s HB7082 bill unanimously passed both the Senate and House of Representatives.
The bill also introduced new requirements for remittancers within the cryptocurrency industry.
Connecticut has passed laws to ban the state from investing in Bitcoin (BTC) or other cryptocurrencies. The bill, called HB7082, entitled “Act on Regulation of Cryptocurrency and State Investment,” imposed a comprehensive ban on state and local governments from investing in crypto assets.
The law also introduced new strict regulations for crypto businesses within Connecticut’s jurisdiction. In particular, payment applications that handle Connecticut crypto assets must now confirm the parental consent of users under the age of 18.
The bill also provided that crypto businesses must adhere to strict Money Laundering (AML) compliance.
🚨New: Connecticut passes laws to ban state investment in Bitcoin.
HB7082 prohibits states from accepting, holding or investing in cryptocurrencies.
It also places some new requirements on transmitters. pic.twitter.com/lkozljmp1r
– June 10, 2025, Bitcoin Act (@bitcoin_laws)
Connecticut moves against the waves due to adoption of Bitcoin
As Coinpedia reports, several US states are pushing towards implementing strategic Bitcoin Reserve (SBR). The state follows a similar stance from the Donald Trump administration and intends to implement SBR in the near future.
Earlier on Tuesday, Louisiana announced it would form a committee to study artificial intelligence (AI), blockchain and cryptocurrency.
“One in five Americans own cryptocurrency, but it is Louisiana’s interest to consider the benefits and challenges of these technologies,” the state says.
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