Discover how 13 US states are preparing to establish Bitcoin reserves by 2025 and the potential impact on national debt.
Dennis Porter, CEO of Satoshi Action, announced on January 3 that at least 13 US states are working on drafting laws for strategic Bitcoin reserves. This move comes after Donald Trump’s support for Bitcoin as the core of America’s financial independence gained momentum. States like Ohio, Texas, Pennsylvania, and Florida have presented draft laws, with Pennsylvania proposing to allocate 10% of its $7 billion reserves to Bitcoin. VanEck predicts that by accepting Bitcoin as a reserve, America could reduce its national debt by 36% by 2025.
