Arizona Proposes to Legalize Bitcoin as a Means of Payment
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Jan. 31, 2022

Wendy Rogers, a member of the Arizona State Senate, has introduced a bill proposing the approval of Bitcoin as a transactional currency or means of payment.

According to the document, the crypto will be accepted to pay debts, taxes and government fees, as well as other obligations. For its approval, the bill must be considered and passed by the Arizona House of Representatives and Senate.

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The US Constitution does not allow individual states to create their own legal tender.

Rogers has also introduced other initiatives. One would provide for the ability of authorities in any Arizona district, city, town and school district to pay salaries to their employees in cryptos.

The other would eliminate the imposition of a ban by any state government agency on the use of digital currencies. Another would exclude Bitcoin and altcoins from the basis for calculating property taxes. The senator has also proposed not charging taxes and fees for "the use of blockchain technology."

In September 2021, Rogers was appointed to chair the State Congressional Committee on Distributed Major Registration Technology and Cryptocurrency Research. She promised to make Arizona a digital asset friendly territory.

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