Pennsylvania House Advances 'Bitcoin Rights Bill' with Strong Bipartisan Support

The bill, aimed at providing regulatory clarity for digital assets, now awaits approval from the Pennsylvania Senate and Governor.

The Pennsylvania House of Representatives passed House Bill 2481, known as the Bitcoin Rights Bill, with a vote of 176 to 26.
The bill was crafted by the Satoshi Action Fund and focuses on self-custody rights, the use of Bitcoin for payments, and tax guidelines.
Pennsylvania follows states like Oklahoma and Louisiana in establishing digital asset regulations, reflecting a broader national trend.
The bill's passage is significant in Pennsylvania, a key battleground state, especially with upcoming elections.
The bill will proceed to the Republican-led Pennsylvania Senate post-election and requires the Governor's signature to become law.