Just In: Wyoming Representative Introduces Legislation For A Strategic Bitcoin Reserve
The post Just In: Wyoming Representative Introduces Legislation For A Strategic Bitcoin Reserve appeared first on Coinpedia Fintech News
In a latest development, Wyoming Representative Jacob Wasserburger has introduced legislation for a Strategic Bitcoin Reserve. The Wyoming lawmakers introduced “House Bill 0201” (HB0201), allowing the state treasurer to invest up to 3% of qualifying state funds, such as the general fund and permanent mineral trust fund, in Bitcoin.
Under the proposed legislation, investments can be made through direct purchases or regulated Bitcoin ETPs from registered investment companies.
JUST IN: Wyoming Representative Jacob Wasserburger introduces legislation for a Strategic #Bitcoin Reserve 