{"id":81842,"date":"2023-01-27T15:27:58","date_gmt":"2023-01-27T15:27:58","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/arizona-state-senator-introduces-bill-to-make-bitcoin-legal-tender"},"modified":"2023-01-27T16:23:50","modified_gmt":"2023-01-27T16:23:50","slug":"arizona-state-senator-introduces-bill-to-make-bitcoin-legal-tender","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/arizona-state-senator-introduces-bill-to-make-bitcoin-legal-tender","title":{"rendered":"Arizona state senator introduces bill to make Bitcoin legal tender"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Kenya. <\/strong><\/span>Arizona State Senator Wendy Rogers has introduced a bill to make the popular cryptocurrency Bitcoin legal tender in the state.<\/p>\n<p>The bill, titled SB 1235, is part of other proposals that aim to allow agencies in Arizona to accept cryptocurrencies as a payment method for collecting rent, taxes and fines.<\/p>\n<p>Republican Rogers also supports another bill that aims to prevent Arizona authorities from taxing the use of blockchain \u2013 the technology behind Bitcoin.<\/p>\n<p>&#8220;Breaking: #Bitcoin is the best performing asset in the world this year according to data from Goldman Sachs,&#8221; she wrote Wednesday on Twitter, shortly after submitting her bundle of bills.<\/p>\n<p>The price of Bitcoin has risen more than 30% since the beginning of this year and was hovering around $23,000 on Thursday.<\/p>\n<p>The world&#8217;s biggest cryptocurrency by market cap, however, is far off its record high $69,000 recorded in November 2021 as several crises shook the crypto market last year such as bankruptcies and a lack of transparency and accountability.<\/p>\n<p>J.D. Mesnard, a member of the Arizona Senate from the 13th district, and Jeff Weninger, a former Republican member of the Arizona House of Representatives representing District 17, co-sponsored the bills.<\/p>\n<p>Republicans hold a 16-14 majority in Arizona\u2019s Senate and a 31-29 majority in the Arizona House of Representatives.<\/p>\n<p>If the bill passes, Arizona will become the first US state to recognize Bitcoin as legal payment for any monetary debt.<\/p>\n<p>El Salvador became the first country in the world to accept Bitcoin as legal currency in September 2021, while the Central African Republic followed it in April 2022.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/kenya\">Kenya<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Kenya. Arizona State Senator Wendy Rogers has introduced a bill to make the popular cryptocurrency Bitcoin legal tender in the state. The bill, titled SB 1235, is part of other proposals that aim to allow agencies in Arizona to accept cryptocurrencies as a payment method for collecting rent, taxes and fines. Republican Rogers [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":81841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[6857,7003,544],"class_list":["post-81842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Arizona state senator introduces bill to make Bitcoin legal tender - kenya<\/title>\n<meta name=\"description\" content=\"Arizona State Senator Wendy Rogers has introduced a bill to make the popular cryptocurrency Bitcoin legal tender in the ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/arizona-state-senator-introduces-bill-to-make-bitcoin-legal-tender\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arizona state senator introduces bill to make Bitcoin legal tender\" \/>\n<meta property=\"og:description\" content=\"Arizona State Senator Wendy Rogers has introduced a bill to make the popular cryptocurrency Bitcoin legal tender in the ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/arizona-state-senator-introduces-bill-to-make-bitcoin-legal-tender\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-27T15:27:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-27T16:23:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2023\/01\/postQueueImg_1674821696.70.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"832\" \/>\n\t<meta property=\"og:image:height\" content=\"468\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/arizona-state-senator-introduces-bill-to-make-bitcoin-legal-tender#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/arizona-state-senator-introduces-bill-to-make-bitcoin-legal-tender\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Arizona state senator introduces bill to make Bitcoin legal tender\",\"datePublished\":\"2023-01-27T15:27:58+00:00\",\"dateModified\":\"2023-01-27T16:23:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/arizona-state-senator-introduces-bill-to-make-bitcoin-legal-tender\"},\"wordCount\":277,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/arizona-state-senator-introduces-bill-to-make-bitcoin-legal-tender#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2023\/01\/postQueueImg_1674821696.70.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/arizona-state-senator-introduces-bill-to-make-bitcoin-legal-tender#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/arizona-state-senator-introduces-bill-to-make-bitcoin-legal-tender\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/arizona-state-senator-introduces-bill-to-make-bitcoin-legal-tender\",\"name\":\"Arizona state senator introduces bill to make Bitcoin legal tender - 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