• 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

Monero Faces Price Decline in Early 2026

chest

Monero's price has significantly dropped from its early 2026 highs, reflecting ongoing selling pressure.

user avatarKaterina Papadopoulou

PVPFun Partners with Manadia to Secure Web3 Applications

chest

PVPFun has announced a strategic integration with Manadia to enhance the security and reliability of decentralized applications.

user avatarTomas Novak

Grayscale Files for Bittensor TAO Trust

chest

Grayscale amended its S1 filing to establish the Bittensor TAO Trust, creating the first institutional product for direct exposure to AI tokens.

user avatarAisha Farooq

Drift Protocol Confirms Attack Draining 270 Million from Solana Ecosystem

chest

Drift Protocol confirmed an active attack on April 1 that drained over 270 million from the Solana ecosystem, exploiting a flaw in durable nonces and raising concerns about ecosystem stability.

user avatarMaya Lundqvist

Coinbase Challenges SEC's Proposed Measure on Tokenization

chest

Coinbase formally challenges an SEC proposal requiring issuer approval for third-party tokenization of publicly traded stocks.

user avatarLeo van der Veen

Ethereum Foundation Finalizes $143M Staking Initiative.

chest

The Ethereum Foundation has staked 93 million worth of ETH, completing its 70,000 ETH target and locking 143 million into validators.

user avatarLi Weicheng

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.