New Hampshire’s Bitcoin bill will now be voted on in the House after its House commerce committee voted in favor of the bill in a 16-1 vote.
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US Senator Cynthia Lummis expects progress toward a Bitcoin reserve to be slower at the federal level.
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Legislation that would allow Utah to invest in Bitcoin has been passed by a state Senate subcommittee and has already made it through the House.
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Montana has passed a Bitcoin reserve bill at the subcommittee level, making it the fourth US state to advance a related bill to the House.
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House Bill 1217, introduced by Representative Ben Keathley, aims to establish a Bitcoin reserve fund for Missouri and mandate crypto acceptance for state payments.
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North Dakota’s lawmakers have introduced a bill aimed to combat crypto ATM transactions after 103 state residents reported $6.5 million in losses to crypto scams in 2023.
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The bill includes licensing requirements for stablecoin issuers, offering and marketing restrictions and broader consumer protections.
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VanEck said a US Bitcoin reserve could slash the national debt if the cryptocurrency increases to $42.3 million a coin by 2049.
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Ohio has become the third US state behind Texas and Pennsylvania to see bills introduced to establish Bitcoin reserves as part of the state treasury.
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Users can pay bills with cryptocurrency directly from their crypto wallet or using a payment processor acting as an online crypto payment gateway.
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California governor Gavin Newsom signed three bills aimed at battling deepfake election content while on stage at a conference in San Francisco.
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Senator Scott Wiener defends California’s AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies.
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Chico, California, looks to state and local regulations to oversee Bitcoin ATMs, aiming to limit fraud and ensure transparency.
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The crypto advocacy group says it is hand-delivering letters to every US Senator explaining why Bitcoin would help the US secure its position as a world leader.
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The Law Commission’s final report advocates for legal reforms to better protect the unique features of digital assets.
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