Wyoming proposes bill for Strategic Bitcoin Reserve
Wyoming has become the latest US state to propose a bill for a Strategic Bitcoin Reserve, just days before Donald Trump’s US presidential inauguration.
Wyoming, a state in the United States, has introduced a bill to create a Strategic Bitcoin Reserve, joining several other states nationwide ahead of Donald Trump’s presidential inauguration on Jan. 20.
“Wyoming took its first bold step toward a strategic Bitcoin reserve,” Wyoming Senator Cynthia Lummis wrote in a Jan. 17 X post, following the introduction of the bill titled “State Funds-investment in Bitcoin, which, if passed, allows Wyoming state funds to be invested in Bitcoin (BTC).
Lummis, a vocal Bitcoin advocate who introduced the Bitcoin Strategic Reserve bill for the US government in July 2024, praised Wyoming representative Jacob Wasserburger for introducing the legislation to “allow permanent funds to diversify into Bitcoin.”
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Author: Ciaran Lyons
