Wyoming Proposes Strategic Bitcoin Reserve Bill
- Wyoming introduced a bill to establish a strategic bitcoin reserve.
- The bill proposes a maximum investment cap of 3% in bitcoin for each state fund.
- Senator Cynthia Lummis, known for cryptocurrency advocacy, leads the initiative.
- The proposal was presented on January 17, 2025.
- Similar initiatives are emerging in states like Pennsylvania, Texas, Ohio, and Oklahoma.
The Wyoming bill suggests investing up to 3% of state funds in bitcoin, highlighting its leadership in financial innovation. Senator Cynthia Lummis is at the forefront of this initiative.
Source (2.6)https://hodl.press/wyoming-proposes-bill-for-strategic-bitcoin-reserve/?rand=24434
