North Dakota introduces bill to uphold Bitcoin mining rights

The CEO of Satoshi Action Fund, Dennis Porter, revealed that the Northern Dakota has presented a bill that will protect the rights of minors and Bitcoin holders.

In a recent job On January 31, Porter said that Nathan Toman’s Dakota representative had a bill to protect Bitcoin rights (BTC) Users.

“I can confirm that a bill to protect the rights of bitcoins was presented in the state of Northern Dakota by the Toman representative,” wrote the co-founder and CEO of Satoshi Act Fund.

According to Porter, the bill should respect four main principles related to the rights of Bitcoin. These include the right to extract Bitcoin, the right to have self-sufficiency on Bitcoin, the right to carry out transactions between peers and the right to execute a Bitcoin node.

Over the years, Porter has been an instrumental figure in the introduction of bills in the American key states which support the rights of Bitcoin holders and inaugurate Bitcoin’s strategic reserves.

Previously, Porter revealed that a bill allowing the state of Montana to invest in up to $ 50 million bitcoin, digital assets, stablecoin or precious metals was introduced by the representative Lammers and co -packed by the representative Schomer.

In addition, in May 2023, a proposal for Invoice To protect the rights of citizens of extraction of cryptocurrency was introduced and signed in Montana, called SB 178. The legislation prevents Montana municipalities from prohibiting the exploitation of Bitcoin.

In February 2023, Mississippi pass A series of invoices, including a title “Right to Mine” which would protect the right to extract Bitcoin and other digital assets. The bill also served to protect the rights of node operators in the state.

The only known American states that have attempted to limit or banish the exploitation of cryptocurrencies are New York and Arkansas. In April 2024, two of the eight bills presented At Arkansas State House could potentially limit the exploitation of cryptography in the state.

Further in 2022, New York Governor Kathy Hochul sign A bill prohibiting bitcoin extraction operations powered by carbon -based energy that lasted two years.