Satoshi Action Fund has released a Strategic Bitcoin Reserve Policy Model for states to adopt. It aims to help integrate Bitcoin into public finance systems across the US. The model highlights Bitcoin as a hedge against inflation and suggests states can allocate up to 10% of certain public funds to Bitcoin investments.
It also outlines secure custody requirements and addresses operational aspects, such as tax payments and state retirement funds investing in digital assets.
Source
<p>The post New Bitcoin Reserve Policy Model Released for States first appeared on CoinBuzzFeed.</p>
