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Katie HobbsGovernor Arizona, there is blocked two cryptocurrency proposals but was approved by a new law that tightens the rules for Bitcoin
Btc
103.222,69 USD
ATMs.
May 12, she signed House Bill 2387which sets new requirements for Krypto kiosk operators. The law is intended to prevent fraud and to make the crypto transactions more transparent to daily users.
According to the new Law, Bitcoin ATMs must Show clear warnings on multiple languages about the usual crypto fraud. Users will have to admit these risks before they perform a transaction. Receiving must contain key details such as transactions, fees, refunding conditions and contact data.
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Signed a consumer protection account on the same day, Hobbs rejected Senate account 1373. This account would have Set the strategic spare fund of digital assetswhich would allow Arizona to store the crypto currency acquired from the attack or approved by legislation.
Governor Hobbs said the cryptocurrency of the market are too unstable to justify the use of state funds in this way. She added that earlier legislation already allows the state to use cryptocurrencies in limited ways that do not put public money in danger.
Another account, Senate account 1024,, also Failed to pass. That would have Let people pay taxes, fees and fines using the CRIPTO currency through approved payment providers. Although he tried to protect the state from the crypto of swing prices, Governor Hobbs still felt that the risk was too high.
7. May Governor Hobbs signed the Law on House Act 27449. What does the account cover? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3 education, Aaron tries to transform the space the way we know it and make it more affordable to complete beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
