"26 U.S. States Push Bitcoin Reserve Legislation"

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Son Min

Summary

  • It was reported that "26 U.S. states are pushing for Bitcoin reserve legislation at the state government level."
  • The main content of the reserve legislation is to allocate 10% of state funds to Bitcoin.
  • It was reported that "Wisconsin became the first state in the U.S. to purchase a Bitcoin spot ETF and currently holds Bitcoin worth $588 million."

It has been revealed that 26 U.S. states are pushing for strategic Bitcoin reserve legislation.

On the 26th (local time), Cointelegraph reported via X that "26 U.S. states are pushing for Bitcoin reserve legislation at the state government level," and "most of them involve allocating 10% of state funds to Bitcoin." It continued, "Wisconsin became the first state in the U.S. to purchase a Bitcoin spot ETF," and as of the last quarter, "it holds Bitcoin worth $588 million."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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