More than 30 U.S. states have explored the idea of publicly funded Bitcoin reserves, with at least two jurisdictions nearing the passage of related legislation. Policy makers in Washington haven’t agreed on federal laws to create a Bitcoin (BTC) reserve, Wyoming Republican Senator and chair of the Senate Banking Subcommittee on Digital assets, Cynthia Lummis … Read more
Utah has advanced its Bitcoin reserve bill to the next stage of legislation, with a second and third reading in the Senate pending before a final vote. As per the latest update, Utah’s Senate Revenue and Taxation Committee has passed the Blockchain and Digital Innovation Amendments bill (House Bill 230), bringing the state closer to … Read more
North Carolina is making waves with a new Bitcoin Reserve and proposal to invest as much as 10% of its general and highway funds in Bitcoin. Spearheaded by House Speaker Destin Hall, the legislation signals a push to integrate digital assets into public finance, putting the state in the company of 20 others exploring similar … Read more