Over Half of U.S. States Introduce Bitcoin Reserve Legislation

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AI Summary

The growing adoption of Bitcoin by US states, with 26 introducing reserve bills and Wisconsin purchasing a Bitcoin ETF, suggests a positive future for cryptocurrency integration into government financial systems.

According to Odaily, 26 U.S. states have introduced Bitcoin reserve bills, indicating that more than half of the 50 states may adopt Bitcoin. Many of these states propose allocating up to 10% of state funds into cryptocurrencies. Wisconsin has become the first U.S. state to purchase a Bitcoin ETF, with holdings reaching $588 million by the end of the fourth quarter of 2024.

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Over Half of U.S. States Introduce Bitcoin Reserve Legislation

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