“My bill would create clear rules for using blockchain and digital assets, ensuring security and encouraging innovation,” said state representative Mike Cabell, commenting on the passage of a new bipartisan bill that guarantees Pennsylvania residents the right to manage their cryptocurrency and use bitcoin as a payment method. He added that this move will help the state’s businesses and citizens benefit from the new technology.
The bill, named the “Digital Assets Authorization Act,” was passed with a margin of 176 votes in favor and 26 against.