Digital Currencies Added To Texas Bill Of Rights
Texas legislators recently voted to amend their Bill of Rights to include digital currencies, allowing individuals to own, keep, and use digital currencies such as Bitcoin (BTC) and Ethereum (ETH).
The lawmakers overwhelmingly supported the amendment, possibly indicating how they feel about digital currencies in general. Only two lawmakers voted against it, with 139 voting in favor.
The amendment was included in a bill introduced by State Representative Giovani Capriglione, titled Bill HJR 146. Individuals will now have the right to use a mutually agreed-upon medium of exchange, such as digital currencies, tokens, or cash, for contracting goods and services and trading.
According to the bill, no government will prohibit or hinder the ownership or holding of any amount of form of money or other currency going forward.
The Texas Bill of Rights, like the US Bill of Rights, protects fundamental rights like free speech, religion, and the press. However, the Texas Bill of Rights includes state-specific provisions such as the right to a speedy trial and the right to possess and carry self-defense weapons.
The Texas Constitutional Enforcement group commented on the development, saying that including digital currencies in the Texas Bill of Rights is critical in protecting the financial privacy and well-being of the citizens.
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