In the near future, lawmakers from Kentucky and South Dakota plan to introduce legislation establishing a Bitcoin Reserve (BTC), according to Jan. 28, statements.
South Dakota Representative Logan Manhart He said that he would introduce a law in the South Dakota House creating a Bitcoin strategic reserve. The bill will create a strategic Bitcoin reserve. “one of the few chances”The government must be proactive.
Meanwhile, Kentucky Representative TJ Roberts The following are some of the ways to get in touch with each other In the first week after his return, he plans to propose legislation similar to this.
Many states have passed similar laws in order to try and get the federal authorities ahead. The government is currently evaluating the feasibility of creating a crypto-reserve after Donald Trump became president. Sign up for our Newsletter an executive order to do so on Jan. 23.
Wyoming and Massachusetts were the last two states in 2024 to pass legislation relating to Bitcoin.
Only the Beginning
Dennis Porter is the CEO and founder of Satoshi Action Fund. He revealed that on Jan. 27, the Bitcoin Reserve bill, introduced by Arizona Senator Wendy Rogers and Rep. Jeff Weninger in Arizona has been the first one to get out of committee. It will now be put up for floor votes in the Senate.
The information for Jan. 27, 2019.
Meanwhile, Mike Cabell and Giovanni Capriglione presented plans to invest state funds in Bitcoin. Pennsylvania, TexasThen, OhioIn December 2024, the date will be.
Additionally, New Hampshire You can also find out more about the following: North Dakota Similar measures were taken earlier this month.
The number of US states with laws governing a Bitcoin Reserve will rise to 14 if Kentucky and South Dakota legislators fulfill their pledges. The gap would be closed Share this article Porter introduced Bitcoin Reserve Bills in 15 US States on January 17, 2018.
The Satoshi Action Fund Published a Statement The filings were just “the beginning of the journey.”
This firm also added:
“To truly make an impact, we must focus on advancing and enacting strategic Bitcoin reserve legislation into law, turning these proposals into actionable policies that will shape a stronger, more resilient financial future for ALL Americans.”
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