#USCryptoReserveFormer

A bitcoin reserve in the U.S. is one step closer to being realized

If the initiative continues on the right track, it will be launched in May 2025

With the proposal of HB 230, Utah is approaching the possibility of incorporating bitcoin into its treasury. Source: ChatGPT.

The project had achieved a resounding victory in the House of Representatives.

Dennis Porter believes that Utah will be the first state to approve a BTC treasury.

Utah has taken another step towards the possible authorization for the state treasurer to invest public funds in bitcoin, as its bill "Amendments to Digital Innovation and Blockchain" has been formally presented to the Senate Revenue and Taxation Committee.