The Bitcoin states may adopt (BTCSenator Cinema Lomes said on February 28 at the Bitcoin Investor Week conference in New York.
Lomes said, According to To the Bloomberg report.
In July 2024, Lomis, Wyoming Republic, proposed, legislation This will require the US federal government to create a national stock of bitcoin.
Its bill, which is called Bitcoin, calls for the US Treasury to gradually assemble a million catheters of BTC, ultimately “a total share of about 5 % of the total bitcoin supply, which reflects the size and scope of the US -held gold reserves and reserves,” according to Lummis.
Lummis proposed Bitcoin Law in July 2024. Source: Sinatia Lomes
Related to: Michigan becomes the latest mandate to propose a bunger for encryption
Progress towards Bitcoin Reserve
In January, US President Donald Trump signed an executive order asking federal officials to study the feasibility of Bitcoin’s national stock. It was one of the first procedures for Trump’s second presidential term, which started on January 20.
In February, Trump signed another matter directing the United States government to create a sovereign wealth box, which could serve as a way to buy BTC.
“We see the United Arab Emirates buy Bitcoin. Lomis said:
There are currently 18 US states who have bills for coding reserves pending votes in the Senate, while two – Arizona and Utah – In the final stages of the approval process.
The state’s investment bills in Montana, Wyoming, North Dakota, South Dakota and Pennsylvania were rejected.
Although some Democratic -run states may resist Trump’s friendly position for encryption, they are expected to embrace each other as a two -party issue.
“[T]Here are many countries that are supportive of the Krbuto, and they do not necessarily follow blue or red policies, ”said Ashley Gon, director of Coinbase Policy in the United States, during the Ethdeenver Committee on February 28, attended by Cointelgraph.
Create a strategic bitcoin reserve in the United States Speeding Bitcoin’s accreditation Cryptocurrency Coinshares said in January that more than 2024, the ETF Fund (ETF) was launched for the year 2024.
Coinshares said: “We believe that the enactment of bitcoin law in the United States will have a long -term long -term impact on Bitcoin from the launch of the traded investment funds,” Coinshares said.
It was launched in January 2024, where Bitcoin ETFS holds $ 100 billion in BTC.
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