Utah poised to be first state to pass Bitcoin reserve bill
Satoshi Act Fund founder and CEO, Dennis Porter, is certain that Utah will be the first state to pass a strategic Bitcoin reserve legislation in the U.S. In an interview with Simply Bitcoin and Republican Senator Cynthia Lummis, Porter explained that there are already a total of 11 states that have introduced strategic Bitcoin (BTC) […]
Utah could be first US state to pass Bitcoin reserve bill: Satoshi Action Fund
Utah’s Bitcoin reserve bill could be the first of its kind to pass at the state level in the US because of its shorter legislative window to decide on bills, says a Bitcoin advocate. Source link
North Dakota introduces bill to uphold Bitcoin mining rights
Satoshi Action Fund CEO Dennis Porter revealed North Dakota has introduced a bill that will protect the rights of Bitcoin miners and holders. In a recent post on Jan. 31, Porter said that North Dakota Representative Nathan Toman has introduced a bill to protect the rights of Bitcoin (BTC) users. “I can confirm that a […]
Arkansas Senate rejects mining facility zoning restriction bill
The original bill argued that mining facilities could pose a national security risk by compromising US military installations. Source link
Texas Lt. Governor announces ‘Bitcoin Reserve’ as priority bill for 2025
Texas Lieutenant Governor Dan Patrick revealed that establishing a Bitcoin reserve in the state will be among 2025’s legislative priorities. Source link
Utah House committee passes bill for state to buy crypto
The bill now needs to pass a majority vote in Utah’s House and Senate before being approved by state governor Spencer Cox, who appears to be pro-crypto. Source link
Arizona Senate committee advances Bitcoin reserve bill
The Arizona Senate Finance Committee has approved SB1025, also known as the “Arizona Strategic Bitcoin Reserve Act.” The Act was approved in a 5-2 vote. Co-sponsored by State Senator Wendy Rogers and Representative Jeff Weninger, the bill seeks to allow up to 10% of Arizona’s public funds, including state treasurer and retirement system reserves, to […]
Kansas bill aims to allocate 10% of retirement funds to Bitcoin ETFs
The bill proposes establishing a board of trustees to manage the Bitcoin ETF investments and conduct an annual examination of the investment program. Source link
North Dakota mulls bill to safeguard consumers from crypto ATM scams
North Dakota regulators are debating a bill that introduces consumer protections to combat scams involving cryptocurrency ATMs. During a Jan. 22 hearing, lawmakers in North Dakota discussed House Bill 1447, introduced to the state’s legislative assembly earlier this month, which seeks to cap daily withdrawals, regulate transaction fees, and mandate fraud warning notices on crypto […]
North Dakota bill seeks to cap crypto ATM transactions to tackle fraud
North Dakota’s lawmakers have introduced a bill aimed to combat crypto ATM transactions after 103 state residents reported $6.5 million in losses to crypto scams in 2023. Source link
