Utah could be first US state to pass Bitcoin reserve bill: Satoshi Action Fund
Utah’s Bitcoin reserve bill could be the first of its kind to pass at the state level in the US because of its shorter legislative window to decide on bills, says a Bitcoin advocate.
Utah could be the first US state to establish a Bitcoin reserve due to a shorter legislative window calendar and “political momentum.”
There’s a “very good shot” that Utah will be the first because they only have 45 days to decide, Satoshi Action Fund CEO Dennis Porter said in a recent interview with US Senator Cynthia Lummis, which he shared on X on Feb. 2.
“It’s either sink or swim in 45 days. No one else has a faster calendar, and no one else has more political momentum and willpower to get it done,” Porter said in the Jan. 21 interview.
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Author: Brayden Lindrea
