Is bitcoin trading legal in the US?

According to a reporter of Fars News Agency’s International Economics Group, quoted by راشاتودیArizona U.S. Sen. Wendy Rogers this week introduced a bill calling for bitcoin to be exchanged in his state.

The US senator has proposed adding the name of Bitcoin to the list of currencies allowed for exchange. If approved, the plan would allow American citizens to use bitcoin to pay taxes, debts, public tolls and other monetary transactions.

Of course, under the US Constitution, states can not create their own exchange currencies separately, and this raises the question of whether the plan can become law in Arizona.

To legalize bitcoin exchanges in Arizona, the bill must first be approved by the state Senate, then by the House of Commons, and finally signed by Gov. Doug Ducky.

If the bill really becomes law, it will pave the way for other US states to take a similar approach. Many states in the United States have turned to bitcoin and other virtual currencies.

Florida Gov. Ron Desantis announced last month that the state plans to make it easier for businesses to pay taxes on virtual currencies. Lawmakers in Wyoming have also called for the use of China’s blockchain technology to increase transparency in the spending of government resources. The state of Ohio also became the first state in the United States in 2018 to authorize a tax on virtual currencies, but was forced to abandon the plan. New York City Mayor Eric Adams also recently received one of his paychecks in digital currency. Texas Gov. Dan Hoffins has said he will turn bitcoin into a legal tender if it wins.

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