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Senator Wendy Rogers Issues a Bill Declaring Bitcoin Legal Tender in Arizona

Senator Wendy Rogers Issues a Bill Declaring Bitcoin Legal Tender in Arizona

Arizona has a chance to become the first US state to have Bitcoin (BTC) as legal tender.

Wendy Rogers, an American politician serving as a member of the Arizona State Senate, has issued a bill suggesting to make Bitcoin (BTC) legal tender in Arizona.

According to the tweet shared by the Senator on January 25th, Rogers launched several bills related to blockchain and cryptocurrency.

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In her tweet, Wendy Rogers cited data from Goldman Sachs, which called Bitcoin (BTC) “the best-performing asset in the world this year.”

Therefore, it comes as no surprise that the Arizona State Senator is offering lawmakers to declare Bitcoin legal tender in the state. It is worth noting that if Senate agrees with Rogers' proposal and makes BTC legal tender, Arizonians will be able to use cryptocurrency to pay taxes, public charges, or make debt payments.

The picture in the politician's tweet revealed that Rogers is submitting seven bills. Some of them appear to offer to excerpt cryptocurrencies from property taxes, prohibit blockchain technology tax fees, and allow state agencies to make payments using cryptocurrencies.

If lawmakers pass the bill and Bitcoin becomes legal tender in Arizona, it would be the first state in the United States to have cryptocurrency as legal tender. Bitcoin is legal tender in El Salvador and the Central African Republic.

It is worth noting that it is not the first time Wendy Rogers has attempted to pass the bill making BTC legal tender. Last year, a similar draft did not receive support from Arizona’s lawmakers.

Despite unsuccessful attempts, Rogers continues to push Bitcoin’s presence in the state. The State Senator would often use Twitter to discuss Bitcoin-related matters. In a tweet shared in April, the politician emphasized that “digital money” shouldn’t be controlled by central banks.

Arizona’s residents will soon vote for one of the crypto-related initiatives. The state of Arizona is proposing a change to its constitution that would make virtual currencies, such as Bitcoin (BTC), exempt from property taxes.

Gile K., Market Sentiment Analyst
Gile is a Market Sentiment Analyst who understands what public events may form what emotions. Her experience researching Web3 news and public market messages – including cryptocurrency news reports, PRs, and social network streams – is critical to her role in helping lead the Crypto News Editorial Team.
As an intelligent professional in public relations, together with the team, she aims to determine real VS fake news patterns, and bring her findings to anyone searching for unbiased news and events happening in the FinTech markets. Her expertise is uncovering the latest trustworthy & informative Web3 announcements to the masses.
When she's not researching the trustworthiness of mainstream stories, she spends time enjoying her terrace view and taking meticulous care of her outdoor environment.

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