Progress of Bitcoin Reserve Bills in US States:
The fastest-moving state, Utah, has already passed the proposal, but removed the contents related to BTC and other cryptocurrencies, rendering it ineffective.
Another state that is progressing relatively quickly is Texas, where online rumors claim it has already passed, which is inaccurate; it has only received Senate approval and still needs approval from the House and the Governor, which will take more than 2 months.
Two other states have been rejected.
In fact, it is very difficult for state reserve bills to pass in the short term, mainly because of the high volatility of cryptocurrencies, making state assets reluctant to invest in high-risk categories. #美国犹他州比特币法案