Pennsylvania House Passes 'Bitcoin Rights Bill' with 176-26 Majority, Impact on 2024 Election

Oct 24, 2024, 04:49 PM

The Pennsylvania House of Representatives has passed the 'Bitcoin Rights Bill' with strong bipartisan support. The bill, which aims to protect residents' rights to self-custody Bitcoin and use it as payment, received a sweeping majority with 176 votes in favor and 26 against, including support from 76 Democrats and all 100 Republicans. The legislation seeks to bring regulatory clarity to digital assets amid ongoing federal uncertainty. The bill will now move to the state Senate for approval. According to Fox Business, this bill could play a pivotal role in the 2024 election.