#USCryptoReseve

A bitcoin reserve in the U.S. is one step away from becoming a reality

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

With the proposal of HB 230, Utah is getting closer to 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 toward 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 submitted to the Senate Revenue and Tax Committee.