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Louisiana signs Bitcoin-relevant self-custody and mining protections

Louisiana enacts Act 700, covering self-custody, node operation, mining, and other digital-asset activities.

On June 19, 2024, Louisiana signs Bitcoin-relevant self-custody and mining protections. Louisiana enacts Act 700, covering self-custody, node operation, mining, and other digital-asset activities.

Act 700 protected specified blockchain and digital-asset activities and became part of a growing state-level body of law touching Bitcoin self-custody and mining.

The event marks a change in the legal environment around Bitcoin access, custody, mining, reporting or financial products, with consequences determined by the specific jurisdiction and stage of the action.

Sources

  1. Louisiana Legislature: HB488, Act 700