Connecticut's Ban Throws Water on 2025 Trend of States Setting Up Crypto Investments

Going against the recent trend of state governments in the U.S. pursuing cryptocurrency investments, the Connecticut General Assembly has thrown down a ban against that New England state following suit, even as others pursue digital assets reserves in their fiscal strategies.According to unanimous decisions in both its House and Senate, Connecticut passed a bill this week that blocks any part of the state's government from an ability to "purchase, hold, invest in or establish a reserve of virtual currency," and it also prohibits accepting crypto payments source: https://www.coindesk.com/policy/2025/06/11/connecticut-s-ban-throws-water-on-2025-trend-of-states-setting-up-crypto-investments