CandleFocus Maryland Introduces ‘Strategic Bitcoin Reserve Act’ in Push for State Crypto Adoption
2025-02-07
Author: Content Editor
The Maryland State Delegate has introduced the "Strategic Bitcoin Reserve Act of Maryland," joining a growing number of U.S. states that are diversifying their financial assets into digital currencies. The act proposes the creation of a Bitcoin Reserve Fund that would serve as a reserve asset for the state and allow for investments in Bitcoin. Kentucky and Missouri have also introduced similar bills, while Illinois recently announced a Bitcoin reserve bill. This trend demonstrates the increasing acceptance of digital assets at the state level and could mark a revolutionary shift in how U.S. states approach financial stability and innovation.
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