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Bitcoin Accepted: Louisiana Allows BTC, USDC Payments for State Services

🌲Louisiana now allows residents to use Bitcoin and USDC to pay state agencies, starting with the Department of Wildlife and Fisheries, facilitated by Bead Pay.
🌲Crypto payments will be converted to US dollars at the time of transaction, protecting the state from cryptocurrency volatility.
🌲The initiative follows a bill signed in June 2024, which supports Bitcoin mining and crypto self-custody and even bans CBDCs for state payments.

Bitcoin Accepted: Louisiana Allows BTC, USDC Payments for State Services

🌲Louisiana now allows residents to use Bitcoin and USDC to pay state agencies, starting with the Department of Wildlife and Fisheries, facilitated by Bead Pay.
🌲Crypto payments will be converted to US dollars at the time of transaction, protecting the state from cryptocurrency volatility.
🌲The initiative follows a bill signed in June 2024, which supports Bitcoin mining and crypto self-custody and even bans CBDCs for state payments.


https://cryptonews.com.au/news/bitcoin-accepted-louisiana-allows-btc-usdc-payments-for-state-services-123486/