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$New: The US state of Pennsylvania has introduced a bill to create a "Bitcoin Strategic Reserve" for the state.
The US state of Pennsylvania has recently introduced a bill that aims to create a "strategic bitcoin reserve" for the state. This action is taken in order to strengthen the financial reserves of the state and exploit the potential of Bitcoin as a strategic digital asset.
According to this bill, the Pennsylvania state government intends to allocate a portion of its financial resources to the purchase of Bitcoin and keep it as a strategic reserve. This move may be seen as a step towards using new financial technologies and improving the state's economic situation.
The purpose of creating this Bitcoin reserve is to make the state more resilient to economic fluctuations and take advantage of the potential benefits of Bitcoin price growth. This plan has been raised while in recent years attention to digital assets and blockchain has increased in many countries of the world, including the United States.