Several states could have their own cryptocurrency reserves in place this year Arizona’s push to establish a cryptocurrency reserve is moving forward as two key bills advanced past the House Rules Committee yesterday. The proposed legislation, if passed, would allow the state to manage digital asset reserves using both seized assets and public funds. The
Tag: reserves
Texas Lawmakers Advance Cryptocurrency Reserve Legislation
The state is one of several that are interested in maintaining cryptocurrency reserves Yesterday, as President Trump was signing a federal cryptocurrency reserve bill, Texas lawmakers advanced a bill aimed at establishing a strategic reserve for Bitcoin, further cementing the state’s position as a key player in the digital currency space. The bill, SB-21, was
US Commerce Secretary Suggests Government Considering Bitcoin-Only Reserve
Commerce Secretary Howard Lutnick expects the government to advance crypto support The US government is considering establishing a strategic Bitcoin reserve, with Commerce Secretary Howard Lutnick confirming that plans will be unveiled at the upcoming White House Crypto Summit tomorrow. The proposal, led by the Trump administration, aims to give Bitcoin a central role in