Editor's PiCK
"15 States in the United States are Pushing Legislation for Strategic Bitcoin (BTC) Reserves"
Summary
- It is reported that 15 states in the United States are pushing legislation for strategic Bitcoin reserves.
- In particular, Arizona and Utah are known to be progressing the legislation most rapidly.
- It is stated that Michigan and Wisconsin are already exposed to Bitcoin investments without a bill.
It is reported that 15 states in the United States are pushing legislation for strategic Bitcoin (BTC) reserves.
On the 1st, the cryptocurrency-focused media Bitcoin Magazine reported that "the United States is actively embracing Bitcoin." According to the media, 15 states, including Alabama and Utah, are in the process of legislative procedures to introduce strategic Bitcoin reserves.
In particular, some states like Arizona and Utah are progressing the legislation most rapidly. The bill is being pursued through several stages, from public endorsement to bill proposal, committee approval, passage through both houses, and final legalization.
Meanwhile, it is reported that Michigan and Wisconsin are already exposed to Bitcoin (BTC) investments through state funds without official legislation.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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