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Utah, USA, Approves Bill to Adopt Bitcoin as Strategic Reserve Asset with Overwhelming Support

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Uk Jin
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  • The Utah House Committee in the United States has announced the approval of a bill to adopt Bitcoin as a strategic reserve asset.
  • The bill is awaiting a Senate vote, and if passed, Utah will secure legitimacy to invest in digital assets.
  • The move to recognize Bitcoin and digital assets as strategic reserve assets could influence other state governments.
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.

The Utah House Committee in the United States has passed a bill for the strategic reserve of Bitcoin (BTC).

On the 29th, Dennis Porter announced on X (Twitter) that "the Utah House Committee in the United States has approved the 'Blockchain and Digital Innovation Bill,' which includes adopting Bitcoin as a strategic reserve asset," adding that "the support was overwhelming."

As a result, the bill is referred to the Senate for a vote. If passed in the Senate, Utah will secure legitimacy to invest in Bitcoin and digital assets.

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wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.