U.S. States Consider Strategic Bitcoin Reserve Legislation

According to Odaily, Dennis Porter, co-founder of the Satoshi Act Fund, has revealed that several U.S. states are preparing to introduce legislation for sovereign Bitcoin reserves. Porter is actively lobbying local policymakers to implement Bitcoin reserve laws across ten states. He shared this development on social media platform X, highlighting the Satoshi Act Fund's efforts to promote Bitcoin-focused legislation. Porter officially announced that ten states in the U.S. are set to propose 'strategic Bitcoin reserve' legislation. He expressed confidence in the potential of Bitcoin to lead globally, stating, 'We will win with Bitcoin and lead the world.' Despite this optimistic outlook, Porter acknowledged that the process of passing such laws in these states remains a significant challenge.