Illinois proposes bill to establish state-level Bitcoin reserves
According to Odaily, Bitcoin.com News posted on X that Illinois introduced the "Community Bitcoin Reserve Act" earlier this week. The bill aims to establish a state-run program to hold Bitcoin using multi-signature cold storage, with the initial creation of the Altgeld Bitcoin Reserve. Under the bill, the reserved Bitcoin can only be traded or sold with new legislative authorization.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Raoul Pal Says Bitcoin Beats Gold as the Real Debasement Hedge
More Interest-Rate Hikes Are Set to Follow Rise in Bond Yields -- Market Talk
Spain Says Europe’s Digital Asset Rules May Be Too Restrictive
2-Yr Benchmark Govt Yields - U.S. vs Other Nations
Crypto prices
More
