Utah’s Bitcoin Investment Bill was passed by the House of Representatives and is now submitted to the Senate for consideration

GuShiio.com learned that according to Bitcoin Magazine, legislation allowing Utah to invest in Bitcoin has passed the House of Representatives and is now before the Senate for consideration. Earlier in January, U.S. Rep. Jordan Teuscher of Utah proposed Bitcoin strategic reserve legislation to authorize state finance secretaries to invest in digital assets.
In addition, U.S. Congressman Taylor Collins of Iowa proposed a bill to invest public funds in Bitcoin and digital assets.
 
 

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