INSUBCONTINENT EXCLUSIVE:
Connecticut Governor Ned Lamont has signed a bill into law restricting the use of digital assets in state government, including the
establishment of a cryptocurrency reserve.On Monday, Lamont signed Connecticut House Bill 7082, which was previously approved by the US
Doucette, also establishes requirements for crypto money transmission licensees in Connecticut
The provisions barring the state government from accepting crypto or establishing a digital asset reserve take effect on Oct
1.Draft of House Bill 7082 as of June 30
Source: LegiScanThe legislation in the Connecticut state government marked a different path from that of several US states exploring the
establishment of a Bitcoin (BTC) reserve
Cointelegraph reached out to Doucette for comment but had not received a response at the time of publication.Related: Kazakhstan plans to
establish national crypto reserveBrogan Law founder Aaron Brogan told Cointelegraph in June that the bill was a reflection of the divide
connections to the cryptocurrency industry
2025, lawmakers in South Dakota, Montana, Pennsylvania and other states failed to pass legislation for a Bitcoin reserve
However, Texas Governor Greg Abbott approved a bill to create a crypto reserve in June, and New Hampshire Governor Kelly Ayotte greenlit
similar legislation in May.Magazine: Pakistan will deploy Bitcoin reserve in DeFi for yield, says Bilal Bin Saqib
