• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

US States Begin Actively Developing Bitcoin Reserve Bills

user avatar

by Giorgi Kostiuk

a year ago

Following Donald Trump's election victory, the number of US states interested in cryptocurrency investments has surged. Several states have already developed Bitcoin reserve bills.

Growing Regulatory Laws

Earlier this month, Georgia State Senator Greg Dolezal proposed bill SB178 to allow the state treasury to invest in Bitcoin. Once passed, it will add the cryptocurrency to the state's investment portfolio.

Other States Offering the Bill

The Montana committee accepted the strategic Bitcoin reserve bill under the leadership of C-Schomer. Currently, 20 out of 50 states are working to establish strategic Bitcoin reserves.

North Dakota remains the sole state in the US that has not agreed on the legislation of crypto investments.

Quotes and Sources

According to Bitcoin Reserve Monitor, none of the states have yet passed Bitcoin reserve legislation.

In conclusion, the number of US states seeking to invest in Bitcoin has significantly increased, reflecting a broader trend towards accepting cryptocurrency as a means of savings.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Cardano Faces Regulatory Challenges Amid Market Dynamics

chest

Cardano's creator criticizes the current US administration's impact on the crypto industry while institutional interest grows.

user avatarGustavo Mendoza

NexChain Aims for AI-Optimized Blockchain

chest

NexChain is positioning itself as an AI-optimized Layer 1 blockchain with cross-chain interoperability.

user avatarRajesh Kumar

Understanding Withdrawal Delays in Solana Casinos

chest

Understanding withdrawal delays in Solana casinos involves recognizing factors like manual reviews, KYC verification, and network congestion that can affect payout speed.

user avatarArif Mukhtar

Ranking the Best Solana Casinos for Instant Withdrawals

chest

A ranking of the best Solana casinos for instant withdrawals, highlighting platforms like CryptoGames, BCGame, Stake, Cloudbet, and Bitcasinoio.

user avatarMiguel Rodriguez

Solana Casinos Revolutionize Withdrawal Speed

chest

Solana-based casinos are changing the game by offering instant withdrawals, allowing players to access their winnings in mere minutes or even seconds.

user avatarLuis Flores

Polkadot Continues Technical Advancements Despite Price Stagnation

chest

Polkadot is making consistent engineering advancements while facing stagnant price performance.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.