State Senator Introduces Bill to Make Bitcoin Legal Tender in Arizona
The U.S. Constitution doesn't allow individual states to create their own legal tender, however.
Updated May 11, 2023 at 7:10 p.m. UTC
![The Arizona legislature will consider a bill to make bitcoin legal tender in the state. (Carol M. Highsmith/Buyenlarge/Getty Images)](https://www.coindesk.com/resizer/W5huDXNiz_WquoE8njBtNfJM1uk=/567x378/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4I6BDXSKLBDANOIPTB6ZMDSJXA.jpg)
A bill introduced in Arizona would make bitcoin legal tender in the state in the unlikely event that the legislation passes and the law goes into effect.
- The bill, SB 1341, was introduced by state Sen. Wendy Rogers, a Republican. It seeks to amend the list of accepted legal tender to include bitcoin, which means the cryptocurrency would be accepted for the payment of debt, public charges, taxes and other dues.
- Whether such a law could go into effect is questionable, given that the U.S. Constitution doesn't allow individual states to create their own legal tender.
- The bill must pass the Arizona state senate and house before Gov. Doug Ducey, a Republican, could sign it into law.
- Rogers, who took office in early 2021, is a controversial figure who has ties to the anti-government group Oath Keepers and who praised conspiracy theory group QAnon.
- Don Huffines, a Republican real estate developer and current candidate for Texas governor, recently said he would make bitcoin tender if he’s elected.
- Last September, El Salvador made bitcoin legal tender alongside the U.S. dollar and remains the only country in the world that has made the cryptocurrency an official currency.