The bill aims to diversify state investments and includes provisions for a long-term holding strategy, requiring Bitcoin to be stored for a minimum of five years. Key Features of House Bill 1217.

It mandates that all government entities in Missouri accept cryptocurrency payments for various purposes, including taxes, fees, and fines, with the payer responsible for transaction costs.

The deal appears to be as follows: We will print dollars as if it were going to end next week and you pay fees and taxes in bitcoin. Did you like it?