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.



Other News from Today