Ohio, the United States, proposed to establish a "Strategic Bitcoin Reserve" bill

PANews reported on January 26 that Dennis Porter, co-founder and CEO of Satoshi Action Fund (SAF), posted on the The state establishes a “strategic Bitcoin reserve.”

The bill includes:

1. Allow state governments to use 10% of their general funds, budget stabilization funds, and prize trust funds for Bitcoin investments.

2. Provide a robust hosting solution, ensuring that states use self-hosting or qualified custodians.

3. Be technology-neutral, adopt the term “digital asset,” reduce political resistance, and protect the purchasing power of state funds from inflation.

4. Only assets with a market value of US$750 billion and an average duration of 12 months are eligible for reserves. Currently, only Bitcoin is eligible.