Lawmakers from the US state of Texas voted to add cryptocurrencies to the Bill of Rights.
The recent adoption rates of cryptocurrencies and digital assets have accelerated the entry of countries into this sector as well. Cryptocurrencies, in particular, have managed to attract millions of investors with the rises around Bitcoin.
The US state of Texas was also involved in all these developments. In the state, changes were made to the Bill of Rights. In this change, important details about cryptocurrencies were added.
State of Texas Votes Cryptocurrencies
Cryptocurrency detail in the US state of Texas drew attention. Despite the suppressive and conservative stance of the US on cryptocurrencies, crypto details continue to come from the states.
Most recently, Texas has enacted a new provision that recognizes the right of individuals to own, hold and use cryptocurrencies. The state’s lawmakers voted to amend the Bill of Rights and clarify the issue of crypto. From this vote, 139 affirmative votes came out. Only two people did not want cryptocurrencies to be included in the Bill of Rights.
According to the vote, in Texas, private ownership of cryptocurrencies cannot be prevented and prohibited by the government.
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