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U.S. lawmakers introduce ARMA to create a strategic Bitcoin reserve, hold BTC for 20 years, and study budget-neutral reserve purchase plans.
Bitcoin Magazine Missouri Advances Second Attempt to Establish State Bitcoin Reserve House Bill 2080, introduced by Missouri Rep. Ben Keathley, would create a state 'Bitcoin Strategic Reserve Fund' that would allow the treasurer to acquire and manage bitcoin under set guidelines.
Missouri lawmakers have advanced a strategic Bitcoin reserve bill that would allow the state treasurer to “accept gifts, grants, donations, bequests, or devises of bitcoin from eligible Missouri residents or a governmental entity.” House Bill 2080 was introduced by Rep.…
Bitcoin Magazine Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years Brazilian lawmakers have reintroduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to acquire one million Bitcoin over five years.
Bitcoin Magazine U. S. Treasury: U. S. Government Cannot Deploy Taxpayer Funds to ‘Bail Out’ Bitcoin As Treasury Secretary Scott Bessent testified before the House Financial Services Committee Wednesday morning, Rep.
Kazakhstan will use crypto assets seized from criminals to fund its national crypto reserve, according to the National Investment Corporation. As reported by local media, the NIC, which is the National Bank of Kazakhstan’s investment arm, reportedly plans on using…
Steak ‘n Shake has added $5 million worth of Bitcoin to its reserves as it continues funneling all proceeds from Bitcoin payments directly into the fund. “Our self-sustaining system, improving food quality that grows same-store sales that then grow the…