The US state of Utah has become the 11th state to propose a 'Strategic Bitcoin Reserve' bill, which allows the state treasurer to invest public funds in select digital assets. The bill also establishes guidelines for custody, management, and regulatory oversight of these assets. The move aims to create a secure framework for managing digital assets and promote financial innovation within the state. The co-founder of the Satoshi Act Fund praised Utah's move and highlighted the growing momentum for Bitcoin reserve initiatives in other states. Attention is now turning to President Donald Trump to see if he will fulfill his promise to create a national Bitcoin reserve.



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