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"Multiple States to Begin Legislative Process for Bitcoin Strategic Reserve This Month"

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Son Min
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  • 14 U.S. states are pushing for Bitcoin strategic reserve bills, and many of these states are expected to start the legislative process this month.
  • The legislative process consists of six steps, and to expedite the process, each state will rapidly proceed with the legislative process over the next six months.
  • This decision could be accelerated by the term limits of each state.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

It has been claimed that a significant number of the 14 U.S. states preparing Bitcoin strategic reserve bills will begin the legislative process this month.

On the 6th (local time), Dennis Porter, founder of the Satoshi Fund, stated on X, "The usual legislative process involves six steps," and "in most states, this process will begin this month." He added, "Most states have term limits," and "the legislative process will proceed rapidly over the next six months."

Previously, Dennis Porter mentioned that 14 U.S. states are preparing Bitcoin strategic reserve bills.

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