Maryland, Iowa, and Kentucky Propose Bitcoin Reserve Legislation
- Legislation introduced in Maryland, Iowa, and Kentucky to create Bitcoin reserves.
- Kentucky’s House Bill 376 allows up to 10% of excess state funds in digital assets.
- Maryland’s House Bill 1389 proposes the Maryland Bitcoin Reserve Fund.
- Iowa’s House File 246 permits investments in digital assets with market caps over $750 billion.
- Total of 17 US states are considering Bitcoin reserves as part of financial strategies.
Kentucky, Maryland, and Iowa have introduced bills to incorporate Bitcoin into state financial strategies by establishing strategic reserves, contributing to a total of 17 states exploring similar initiatives.
Source (2.6.1)https://cryptoslate.com/maryland-iowa-and-kentucky-propose-legislation-to-establish-bitcoin-reserves/?rand=24433
