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State service with highest Bitcoin transactions in Louisiana by end of 2024?
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State of Louisiana•United States•Bitcoin•Lightning•Louisiana Treasury Department•Jeff Landry•Bitcoin Strategic Reserve
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Louisiana Treasury Department reports or credible financial news sources
Story
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.
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