Opposition to the ban

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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
Observers such describe the ban as an "epic unforced error," potentially isolating Connecticut economically and technologically
Matt Hougan, Chief Investment Officer at Bitwise, criticized Connecticut’s decision under House Bill 7082 to ban all state‑level Bitcoin investments, calling it economically unreasonable and potentially driven by frustration or special interests
Aaron Brogan, founder of Brogan Law, claimed that Connecticut's ban under House Bill 7082, which prohibits government entities from investing in or accepting cryptocurrency, does "nothing of substance" and primarily serves as symbolic opposition to the cryptocurrency industry associated with President Trump's administration

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Connecticut bans state investment in crypto is this a strategic retreat or historic mistake?

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