🔥 Utah One Step Away from a Reserve in $BTC ! 🇺🇸💰
Utah senators have passed a bill that could make the state the first in the US to have a strategic cryptocurrency reserve! 🚀
📌 What does the bill include?
✅ Utah will be able to hold a reserve in digital assets with a market capitalization of at least $500 billion - currently, only Bitcoin meets this requirement ⚡
✅ State treasurer will gain staking capabilities - this opens the door to ETH and other Proof-of-Stake projects 🏦
📅 What's next?
🔹 The bill must pass a second and third reading in the Senate
🔹 If approved again, it will go to the governor's desk 🖊️
🔹 Effective date: May 7, 2025 📅
Will Utah become a pioneer in cryptocurrency adoption among U.S. states? 🌍💎