The US government officially holds bitcoin as a reserve asset, with the Strategic Bitcoin Reserve only initially holding seized bitcoin from criminal and civil cases. The executive order also authorized the development of "budget-neutral strategies" to actively buy bitcoin in the future. The Utah Senate passed a bill that would have allowed the state to create its own strategic bitcoin reserve, but the key provision was pulled at the last minute. However, the bill enshrined certain rights for Bitcoiners into law. The Kingdom of Bhutan has been mining bitcoin since early 2021 to offset declining tourism revenue. Prime Minister Tshering Tobgay expressed the need for governments to do more with bitcoin, citing its use in financing public servants' salaries.



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