A House Bill No.1812 was introduced to the general Assembly of
Pennsylvania and if passed and signed into law will restrict public officials from owing nor transacting in Bitcoin or in any digital assets during their terms of service and for one year after leaving office in the state. This bill is sponsored by nine lawmakers in the house seeking to ban public officials from owing Bitcoin while in office and violators will be penalized . This Bill 1812 contradict president Donald Trump intentions of Making America the Bitcoin capital of the world. It pains me to see lawmakers fighting to denied others the right to financial freedom within a stipulated period of time.
A glaring loophole is that it doesn't prevent family from owning Bitcoin
So for whatever reason they might want to prevent public officials from owning Bitcoin
There's always a walk around it.
I think they are seeing Bitcoin like stock and trying to prevent a supposed insider trading.
Wow, this is a complete U-turn in stance toward cryptocurrencies.
Politicians never seize to amaze. Chameleons, easy to change views.