Illinois, a pioneer in embracing digital assets, proposes House Bill 1844, intending to create a Bitcoin reserve managed by the state. This strategic financial move marks Illinois as one of the first U.S. states to formally integrate Bitcoin into its financial framework. The bill is sponsored by State Representative John Cabello and is designed to hold Bitcoin in the state fund for a duration of five years, aiming to capitalize on the potential future value of the cryptocurrency.
The introduction of this bill highlights a growing trend among U.S. states considering cryptocurrency as a legitimate component of their economic strategies. Supporters believe such initiatives might enhance financial stability and offer long-term economic benefits.
Fonte: thenewscrypto.com ↗