🇺🇸 The bills are moving!
Utah’s #Bitcoin reserve bill advances to the Senate Revenue and Taxation Committee.
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🇺🇸 The bills are moving!
Utah’s #Bitcoin reserve bill advances to the Senate Revenue and Taxation Committee.
:reward: Share > Like > Comment = ⚡️21
:topreward: Top Comment = ⚡️500
(For 24 hrs Only)
great
good
great! very Nice!!!
Excellent news, many are realizing that Bitcoin is the best option for the future and growth of their country. 👌👏
Good news👏🏻👏🏻
This is nothing, the best part is ahead 🤝
Good news ⚡🧡
👍
Indeed, Bitcoin is gaining solid ground in USA. 🙌
Nicenfor utah
If enacted, the bill will allow the state treasurer to invest public funds in certain digital assets, with an effective date set for May 7, 2025. The bill aims to establish a framework for the state to manage its investments in Bitcoin and potentially other cryptocurrencies.
Are they going to buy memecoins?
I think it's unlikely. If they buy alts, it would probably be established networks with perceived utility—ETH, SOL, LINK, or perhaps XRP. I can't quite see their reserve strategies stooping to memecoin level. Granted, though, there have been some ridiculous surprises lately.
Considering what they do with tax money, don't see it (memecoins) as something difficult to happen. For them our money is to be spent anyway, just spent.
Related News: 🇺🇸 Montana becomes the 4th U.S. state to advance a #Bitcoin reserve bill it moves to the House. 
Utah HB230
Passed: Sentate Revenue and Taxation Committee.
Growing as a nation would be having BTc as the basis of the economy
States building Bitcoin reserves is interesting because it signals that BTC will rise in value, while at the same time, big players will hold large amounts of BTC.
Like it or not, this seems to be the trend. The question is when other states will do the same. And, obviously, Bitcoin cannot be ignored.
The idea of bitcoin is taking set set in the United States
Progress in Little Steps.
👏👍
Lets gooooo
Vamos Utah!
Go Utah!
Exciting development! Utah is making a strong statement with #Bitcoin as a strategic reserve. Let’s see how it progresses in the committee!
Utah ❤️
Yesir
Less bills and more buying...
ok ✍️👌
excellent
awesome
Welcome...
incredible. It is very good news