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Utah, USA, Proposes Strategic Bitcoin Reserve Bill

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Son Min
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  • Utah has announced the proposal of a Bitcoin strategic reserve bill.
  • It has been revealed that strategic Bitcoin reserve bills have been proposed in 11 states so far.
  • The bill was reportedly proposed by Utah State Representative Jordan D. Tushar.
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.

Source=Bitcoin Magazine x CaptureSource=Bitcoin Magazine x Capture

It has been revealed that a strategic Bitcoin reserve bill has been proposed in Utah, USA.

On the 20th (local time), Dennis Porter, co-founder of the Satoshi Action Fund, announced on X that "Utah has proposed a strategic Bitcoin reserve bill," stating that it is "the 11th state to propose such a bill." The bill was proposed by Utah State Representative Jordan D. Tushar.

So far, strategic Bitcoin reserve bills have been proposed in 10 states, including Pennsylvania, Texas, New Hampshire, and Massachusetts.

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