Arizona’s Strategic Bitcoin Reserve Bill Gains Support, Could Inspire Other States

Quick Summary:

Dennis Porter, co-founder of the Satoshi Act Fund, has highlighted a growing trend among U.S.states to establish Bitcoin reserves.

Regardless, states like Wyoming and Oklahoma are following Arizona’s lead, exploring similar Bitcoin reserve bills.

With at least 11 states, including Texas and Pennsylvania, introducing Bitcoin reserve bills, Porter predicts this number will soon rise to 15 or 16.

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Article Details

Author / Journalist: Debashree Patra

Category: Crypto

Markets: United States

Topics: Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-28 @ 11:45:31 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 835 words

Reading Time: 5 minutes read

Sentences: 51 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 25575107

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Official Website: coinpedia.org

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News Last Updated: 9 hours ago

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