Iowa lawmakers have introduced a bill that would allow the state treasurer to invest up to 5% of public funds in digital assets with a market capitalization exceeding $750 billion, including Bitcoin. Similarly, New Mexico has introduced a bill proposing to allocate up to 5% of public funds into Bitcoin. These moves reflect a growing trend of U.S. states exploring Bitcoin as part of their public finance strategy. The federal government is also considering Bitcoin as a potential strategic reserve asset, with the White House's AI and crypto policy lead confirming that it is a priority for the administration's digital assets working group.
Content Editor ( cryptonewsz.com )
- 2025-02-06
Iowa Proposes Bitcoin Reserve Bill After New Mexico
