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7 states in the US advance Bitcoin reserve bills, Texas bill has been passed by both chambers.
Overview of Bitcoin Reserve Bill Progress in US States
Recently, several states in the United States have proposed bills related to Bitcoin reserves, attracting widespread attention. These bills aim to allow state governments to hold and manage Bitcoin as a strategic asset. Here are the latest developments from some states:
Texas: Senator Campbell has introduced Bill SB 2334, which has passed the Senate and was approved in the House. The bill will allow the state government to hold Bitcoin.
New Hampshire: The HB 522 bill proposed by Representative Noel has passed the House and is currently under review in the Senate. The bill aims to allow the state treasury department to invest in Bitcoin.
Missouri: The HB 1204 bill proposed by Representative Aldis has passed the House and has been submitted to the Senate. The bill will allow the state government to hold digital assets.
Hawaii: The SB 3076 bill proposed by Senator Lee is currently under review in the Senate. This bill will allow the state government to purchase, hold, and sell Bitcoin.
Louisiana: The HB 668 bill proposed by Representative Garofalo is currently under review in the House. The bill aims to allow the state treasury to invest in virtual currency.
Oklahoma: The SB 1168 bill proposed by Senator Rosino has passed the Senate and has been submitted to the House. The bill will allow the state government to hold and use cryptocurrency.
Wyoming: The HB 0285 bill proposed by Representative Gray is currently under consideration in the House. The bill aims to allow the state treasury to invest in Bitcoin and other cryptocurrencies.
The introduction and advancement of these bills reflect the recognition and importance that various states attach to Bitcoin as a strategic asset. As the review process progresses, we will continue to monitor the latest developments of these bills and their potential impact on U.S. cryptocurrency policy.