10 US states plan to introduce strategic Bitcoin reserve legislation
According to Odaily Planet Daily, Dennis Porter, co-founder of the Satoshi Act Fund, said that several states in the United States are preparing to propose sovereign Bitcoin reserve legislation.
Porter is lobbying local policymakers to introduce BTC reserve legislation in 10 state jurisdictions and disclosed the development on X.
He said: "I can now officially confirm and announce that 10 states in the United States will introduce 'strategic Bitcoin reserves' legislation. We will win with Bitcoin and lead the world." Porter added that there is a long way to go to pass laws in 10 states.