Maryland and Kentucky Propose Bitcoin Reserve Bills
- Maryland introduced the Strategic Bitcoin Reserve Act to invest in Bitcoin using funds from gambling violations.
- Kentucky’s House Bill 376 proposes investing in digital assets and precious metals, with a market cap limit of $750 billion, implying Bitcoin.
- Utah passed a similar crypto reserve bill out of committee, becoming the second state to do so.
- Sixteen other U.S. states have proposed similar bills, while North Dakota rejected one.
Maryland and Kentucky have introduced bills to establish Bitcoin reserves, joining several states exploring digital asset investments. Utah recently advanced its own crypto reserve bill through committee approval.
Source (2.6)https://decrypt.co/305098/kentucky-maryland-latest-states-bitcoin-reserve?rand=52368
