Connecticut has passed legislation banning government agencies from buying, holding, or transacting in crypto assets.
The law also prohibits state entities from accepting crypto payments or creating reserves of virtual currencies.
The legislation introduces stricter disclosure standards for crypto businesses in the state and mandates legal guardian verification for minors before using crypto-related services.
This move by Connecticut marks one of the strongest anti-crypto policies at the state level and comes amidst national debate over the role of digital assets in public finance and consumer protection.