Some local traders and startups see this as a major barrier, fearing it might push fresh investment and talent to more crypto-friendly states—want to dig into what this means for the state’s fintech future, or how younger residents might react?
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Connecticut’s move to ban state investments in Bitcoin and all virtual currencies is about risk aversion and strict consumer protection—lawmakers want no exposure to BTC’s volatility or potential for fraud in public funds.
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Critics argue that Connecticut's crypto ban under House Bill 7082 may hinder fintech innovation and drive investment to more crypto-friendly states
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