Legislators in the United States in Minnesota and Alabama set out accounts accompanying the identical existing accounts, which, if transferred, would allow each country to buy bitcoins.
Minnesota Bitcoin Act or HF 2946 was introduced to the State Chamber of Republican Representative Berni Perryman on April 1, after the identical act introduced on March 17 by GOP senator Jeremy Miller.
Meanwhile, on the same day in Alabama, a republican senator introduced Bill 283 Senate, while a two -party group of representatives led by Republican Mike Shaw filed The same 482 house account, which allows you to invest in cryptographic, but basically limits it to Bitcoin (BTC).
Twin Alabama Bills don’t clearly call Bitcoin
The Bitcoins Act in Minnesota would allow the State Investment Council to invest state assets in Bitcoin and other cryptocurrencies and allow state workers to add cryptocurrencies to pension accounts.
This would also exempt cryptographic profits from state income taxes and would give residents the option to pay taxes and bitcoin fees.
Source: Bitcoin rights
Twin bills from Alabama do not clearly identify bitcoins, but would limit the cryptocurrency investment in assets that have a minimum market value of $ 750 billion, which is a criterion that currently only meets bitcoins.
26 bills for Bitcoin reserve now introduced in the USA
The introduction of identical bills is not sporadic in the US and is usually performed to accelerate the two -layer legislative process so that the regulations can pass faster.
The bills for the creation of the Bitcoin reserve have been introduced in 26 US states, and Arizona is currently closest to the adoption of the law, according to data From the Bitcoin LAWS accounting site.
Arizona currently leads in the Bitcoin State State reserve race. Source: Bitcoin regulations
Pennsylvania was one of the first US states that introduced the Bitcoin reserve account in November 2024. However, apparently the initiative was finally rejected, and similar bills were also killed in Montana, North Dakota, Southern Dakota and Wyoming.
Related: Karolina North Bills would add crypto to the pension system
Montana, North Dakota, Pennsylvania, South Dakota and Wyoming are five states that rejected Bitcoin reserve initiatives. Source: Bitcoin regulations
According to To the report of March 3, Barron “Red States”, such as Montana, stood in the face of the failure of the Bitcoin reserve initiatives among the political confrontation of the Democratic Party and the Republican Party.
Additional Helen Partz reports.
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