Connecticut has passed a law prohibiting the state from investing in Bitcoin and other digital assets. HB-7082, titled ‘An Act Concerning the Regulation of Virtual Currency and State Investments’, officially restricts state and local governments from investing in crypto assets. The bill also introduces new requirements for remittance agencies to verify parental consent for users under 18 years old. The law prohibits Connecticut from accepting Bitcoin as payment or purchasing digital currencies, including the creation of a reserve using crypto. Notably, businesses handling money transmission in Connecticut are subject to strict anti-money laundering (AML) compliance.