By Emir Abyazov Three U.S. states have passed laws to create Bitcoin reserves, and 17 more are considering similar initiatives. New Hampshire, Arizona, and Texas have already allowed their treasuries to hold Bitcoin, while five other states have rejected such proposals. According to Bitcoin Reserve Monitor, legislation is still being considered in Alabama, Florida, Georgia, […]
Tag: SB
By Jon Nielsen This is a big change for public finance. An interesting development in both politics and the cryptocurrency world is that the Texas House of Representatives has passed Senate Bill 21, which would establish the first-ever state-run Bitcoin reserve. The bill passed with a solid 101–42 vote and now sits on Governor Abbott’s […]
By Emir Abyazov Standard Chartered Sticks to $500K Bitcoin Target as Sovereign Funds Show Interest Government entities increased their holdings of Strategy (MSTR) as a derivative of digital gold in the first quarter. Such conclusions were reached in Standard Chartered on the basis of reporting to the SEC. Such a trend has strengthened the bank’s […]