#AmericanBitcoinLaunch

The official recognition of Bitcoin in the United States refers to significant regulatory decisions such as:

• Approval by the U.S. Securities and Exchange Commission (SEC) of Bitcoin ETFs in January 2024, allowing investors to trade Bitcoin through traditional exchanges like BlackRock and Fidelity.

• Recognition by the U.S. government of Bitcoin as a commodity by the Commodity Futures Trading Commission (CFTC) or as a taxable asset.

• Some states like Wyoming and Texas have enacted crypto-friendly laws such as:

- Recognizing Bitcoin as legal tender for tax payments.

- Encouraging mining companies to operate using surplus energy.

• The term also refers to U.S. efforts to integrate Bitcoin into the traditional financial system such as:

- U.S. banks offering services related to digital currencies.

- Government plans to issue a Central Bank Digital Currency (CBDC) in response to the rise of Bitcoin.