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- Connecticut bans government crypto holdings and payments through HB7082.
- Connecticut aligns against 31 active Bitcoin reserve bills in 16 states.
Connecticut has officially passed the United States’ most restrictive crypto law, barring all state and local governments from holding, purchasing, or accepting cryptocurrencies. House Bill 7082, now enacted as Public Act No. 25-66, received unanimous approval from lawmakers on June 11 and was signed into law on June 10.
The legislation sharply contrasts with the broader national trend, where 31 Bitcoin Strategic Reserve (SBR) proposals remain active across 16 states. While states like Texas and New Hampshire pursue digital asset reserves, Connecticut has chosen to block all such initiatives.
Specifically, the law prohibits any government entity in Connecticut from “establishing a reserve of virtual currency” or accepting digital assets as payment for state-related transactions.
In addition to the ban, the bill introduces rigorous consumer protections. It mandates that crypto businesses disclose “all material risks” to users involved in money transmission. Furthermore, companies must verify parental consent for users under 18 engaging with digital assets.
Connecticut Crypto Crackdown Exposes Partisan Rift
Democratic legislators led the initiative, including Representative Ken Gucker, Senator Patricia Miller, and Senator Matthew Lesser. The proposal originated in the state’s Joint Banking Committee in February 2025 and saw broad bipartisan support in both legislative chambers.
During the initial vote on May 14, the bill secured 105 votes in favor and 42 against. In the final vote, the margin widened dramatically, with 148 lawmakers voting in favor of the bill, zero opposing, and only three abstaining.
Some political analysts argue the legislation reflects growing skepticism toward crypto within the Democratic Party, particularly in light of former President Donald Trump’s vocal support for digital assets and meme coins. Meanwhile, federal lawmakers prepare to discuss the GENIUS Act and stablecoin regulations on June 12, signaling a possible shift in national oversight.
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