Utah, USA, Approves Bill to Adopt Bitcoin as Strategic Reserve Asset with Overwhelming Support
Uk Jin
Summary
- The Utah House Committee in the United States has announced the approval of a bill to adopt Bitcoin as a strategic reserve asset.
- The bill is awaiting a Senate vote, and if passed, Utah will secure legitimacy to invest in digital assets.
- The move to recognize Bitcoin and digital assets as strategic reserve assets could influence other state governments.
The Utah House Committee in the United States has passed a bill for the strategic reserve of Bitcoin (BTC).
On the 29th, Dennis Porter announced on X (Twitter) that "the Utah House Committee in the United States has approved the 'Blockchain and Digital Innovation Bill,' which includes adopting Bitcoin as a strategic reserve asset," adding that "the support was overwhelming."
As a result, the bill is referred to the Senate for a vote. If passed in the Senate, Utah will secure legitimacy to invest in Bitcoin and digital assets.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
