This website uses cookies to ensure you get the best experience on our website

Texas, Arizona Voters Want Crypto Payments Legalized

Crypto is freedom. Payment is instant and can be done straight from smartphones—scan and go.

That's the experience among El Salvadorians.

If a poll by Redfield & Wilton Strategies is anything to go by, then it appears voters in swing states—Texas and Arizona—would want their states to legal crypto payment. Of those surveyed—from California, Florida, Georgia, North Carolina, Ohio, Pennsylvania, and Virginia—roughly 30 percent of voters residing in swing states would vote yes for crypto legalization, following the steps of crypto-friendly Wyoming.

To attract investment, Wyoming allows for free crypto transactions. At the same time, crypto transactions are exempted from transmitter regulations. As such, residents in surveyed states support similar laws to spur job creation and attract investment in their zones.

All the same, there should be more effort into education since six to 10 percent of those surveyed don't know what cryptocurrencies are. And for active users, their only attraction seemed to be the high return on investment and nothing else.

While cryptocurrencies like BTC and ETH are available for trading at reputable CryptoAltum, they have utility. Bitcoin, for instance, is a perfect, efficient alternative for centralized remittance companies. It is relatively cheaper to use, promises immediate settlement features the El Salvador government is now tapping.

For more interesting tips and facts visit our Education Centre.

Have Questions? 

We're available 24/7 to help you. You can email us, or send us a message on WhatsApp, Telegram or Messenger!

Risk Disclosure: Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment. You should consider carefully whether investing in Bitcoin or any other instrument offered by CryptoAltum is appropriate to your financial situation. CryptoAltum only accepts deposits in Cryptocurrencies. By trading with CryptoAltum you acknowledge your understanding of this risk disclosure and your agreement with the Terms and Conditions.

This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.

CryptoAltum does not accept any clients under the age of 18. 
  • Copyright Techcraft Ltd (CryptoAltum) 2020