• 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

Trump Faces Supreme Court Scrutiny Over Tariff Powers

chest

The US Supreme Court is reviewing President Trump's use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs, which could lead to significant changes in US trade policy.

user avatarMaria Fernandez

Kalshi Faces Legal Challenges Over Sports Wagering Regulations

chest

Kalshi is involved in a legal dispute with Connecticut regulators over the classification of its event contracts as illegal gambling.

user avatarGustavo Mendoza

BANANA Trades Within Symmetrical Triangle Indicating Potential Breakout

chest

BANANA is currently consolidating within a symmetrical triangle, indicating potential for a breakout.

user avatarRajesh Kumar

Circle Gains Conditional Approval for First National Digital Currency Bank

chest

Circle has received conditional approval from the US Office of the Comptroller of the Currency to establish the First National Digital Currency Bank.

user avatarMiguel Rodriguez

Ethereum Staking Demand Surges as Validator Backlog Hits Yearly High

chest

Ethereum's staking activation queue has reached its highest level in over a year, indicating renewed interest in securing the network.

user avatarLuis Flores

US Consumers Report Decrease in Price Pressures Amid Inflation Increase

chest

US consumers report a decrease in price pressures despite a slight increase in inflation levels as 2025 ends.

user avatarDavid Robinson

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.