• 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

Figure Technology Confirms Data Breach Due to Social Engineering Attack

chest

Figure Technology has confirmed a data breach caused by social engineering, resulting in the theft of customer files and exposure of sensitive personal information.

user avatarZainab Kamara

Shiba Inu SHIB Creates Millionaires in 2021 Bull Run

chest

Shiba Inu SHIB generated several millionaires during the 2021 bull run, but its price has significantly decreased since then.

user avatarAyman Ben Youssef

Investing in Shiba Inu SHIB Today: Can It Still Create Millionaires?

chest

Investing in Shiba Inu SHIB today may still lead to millionaire status, but requires significantly larger investments than in the past.

user avatarSon Min-ho

Cumulative Value Days Destroyed Indicates Bitcoin's Market Bottom

chest

Market analyst Ali Martinez highlights that the Cumulative Value Days Destroyed (CVDD) metric suggests Bitcoin's price bottom is at 45,225.

user avatarTando Nkube

Russia Advances Digital Ruble Initiative to Boost BRICS Trade

chest

Russia is advancing the digital ruble initiative to enhance trade among BRICS nations and reduce reliance on the US dollar.

user avatarKofi Adjeman

X Takes Action Against Spam and Automation

chest

X's leadership is taking steps to combat spam and automation on the platform.

user avatarNguyen Van Long

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.