Pennsylvania Enacts Bill Targeting Cryptocurrency Influence on Political Decisions

Pennsylvania is taking a significant step towards regulating the role of cryptocurrency within its political system by enacting House Bill 1812 (HB1812). This legislation seeks to prevent public officials and their families from acquiring or trading cryptocurrency, aiming to mitigate potential conflicts of interest. The bill sets high ethical standards for elected officials and extends these requirements to their immediate families, emphasizing transparency and accountability in financial matters.