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An Arizona senator has introduced a groundbreaking bill aimed at making Bitcoin legal for various transactions within the state. This initiative seeks to recognize Bitcoin as a legitimate form of currency, potentially paving the way for increased adoption and innovation in the financial sector.
If passed, the bill could allow residents to use Bitcoin for payments, taxes, and other official purposes, aligning with the growing trend of cryptocurrency integration. Supporters argue that this move will boost economic growth and technological advancement, while critics raise concerns about regulatory challenges and volatility. |
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