#TariffHODL

HODL News

Missouri Rep. Ben Keathly has introduced a bill proposing the creation of a $$BTC Strategic Reserve Fund.

Such a fund would be under the control of the Missouri state treasurer, who would have the power to buy, invest, and hold $$BTC using state money.

Missouri's plan is to diversify the state's investment portfolio. In addition to accepting donations and gifts, as well as taxes (including fees and fines) on cryptocurrencies, Keathly also wants Missouri to pursue a HODL strategy for $BTC.

Another US state that has taken a big step toward cryptocurrency adoption is Kentucky, which has introduced new legislation authorizing an investment of up to 10% of excess state reserves in Bitcoin and other digital assets.

In doing so, Kentucky has officially become the 16th US state to have shown interest in and/or introduced legislation for Bitcoin reserves.