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State Senator Introduces Bill to Make Bitcoin Legal Tender in Arizona

The U.S. Constitution doesn't allow individual states to create their own legal tender, however.

The Arizona legislature will consider a bill to make bitcoin legal tender in the state. (Carol M. Highsmith/Buyenlarge/Getty Images)
The Arizona legislature will consider a bill to make bitcoin legal tender in the state. (Carol M. Highsmith/Buyenlarge/Getty Images)