Official announcements from Louisiana Treasury Department or credible news sources

Louisiana Becomes First State to Accept Bitcoin and Crypto for State Services via Lightning Network

Sep 18, 2024, 10:01 PM

The State of Louisiana has become the first in the United States to accept Bitcoin as a valid form of payment via the Lightning network. The Louisiana Treasury Department announced that it now accepts Bitcoin and USD stablecoins for state services. This move is part of Governor Jeff Landry's initiative to establish a Bitcoin Strategic Reserve in the state. The decision marks a significant step towards broader acceptance of cryptocurrency in state financial operations, including crypto payments for state services.