In the US, the Bitcoin Ecosystem (BTC) is divided into legislative sectors, marking milestones in which the integration of this digital currency and its technology is integrated into the country’s political and economic systems.
So far, 30 states have presented bills linked to the BTC. It reflects normal interests and utilizes its possibilities.
As reported by Cryptonotics, 70% of the states, or 35% of the 50 that make up a country, are currently discussing Bitcoin-related laws. This percentage corresponds to a Notable presence in all regions of the US mapfrom the northeast to the west coast, passing west and south.
The diversity of these proposal approaches has been covered since the creation of strategic reserves. Up to the definition of a clear regulatory framework for the sector.
In total, 91 initiatives have been raised, highlighting the relevance that Bitcoin has achieved on the public agenda. This phenomenon responds to a combination of factors. It is the quest for financial innovation in the context of cryptocurrency market boom, citizen pressure and economic uncertainty.
The state is looking at tools in Bitcoin that diversify its finances, protect it from inflation and encourage the adoption of emerging technologies. However, the legislative path is not uniform. For projects that face different rhythms and challenges.
But this wave of legislative proposals The United States is positioned as the Institute for Cryptocurrency Policyin a sense that could transcend their boundaries.
Various projects
Of these 91 projects presented, 39 focus on creating strategic Bitcoin reserves, according to data collected by Cryptonoticia. These suggestions They are trying to allocate public funds to BTCaims to strengthen the state’s financial stability and protect it from dollar devaluation.
But not everything is thriving. Six of these initiatives did not exceed the initial stages of the legislative process and were discarded previously. North Dakota incidents, Wyoming and Pennsylvania reported through this measure They show how some councils rejected or frozen these ideasclaim risks and unnecessarily consider certain laws.
Meanwhile, at least 19 bills They are trying to allow public investment in Bitcoinapprove entities such as pension funds and the Ministry of Finance to allocate resources to BTC and other digital currencies.
These initiatives have been announced in Arizona, Florida, Georgia, Iowa, Kansas, Massachusetts, Montana, Mithri, North Carolina and Nuev. Integrate digital assets into public financial management.
Additionally, the four invoices cover tax exemption for cryptocurrency-related activities such as payments and selling holdings to facilitate their use in daily transactions.
27 other projects have expanded their approach beyond Bitcoin and adopted the term “digital assets” Covers wider spectrum cryptographic activity Related technologies.
Similarly, two specific proposals focus on Bitcoin and cryptocurrency mining, seeking to regulate or promote this important activity in decentralized networks.
This variety of approaches demonstrate that legislative profits are not limited to Bitcoin as a currency. Covers infrastructure and economic impacts. Most of these 91 projects are in the legislative process, with voyages, general discussions and revised editions between the committees indicating that the issue remains alive.
Some are full careers
In general, 91 projects register different advances in their legislative process, with some prominently proximity to their goals. Arizona and Texas are bills to create Bitcoin reservations They are on the brink of approval in their parliamentas reported by Cryptootics.
In Arizona, proposals such as SB 1373 and SB 1025 are crossing committees and awaiting discussions in the plenary session, while in Texas, SB 21 is making progress with solid backup in the House.
Another notable case is Utah, where the adjusted HB 230 project, which eliminates the direct creation of BTC reserves, is merely a signature for the governor to become law.
These examples show how a particular state leads carriers to integrate Bitcoin into finances. However, not all projects have the same impulse. Many projects remain in the discussion phase of the Legislative Committee, and according to Bitcoin Lawsite monitoring, others are hoping for a general committee shift, with some being rarely introduced.
Oklahoma, for example, has the HB 1203 project awaiting discussion in the Senate, while Nuevo Hampshire and North Carolina await discussion in North Carolina. The proposal moves forward after overcoming major committees. This diversity of rhythm reflects both the enthusiasm and challenges facing Bitcoin legislative adoption.
The general panorama reveals dynamic processes in the state where they have experienced various approaches to incorporating Bitcoin and its technology. Opposition from traditional sectors such as preventive banks and lawmakers has stopped several initiatives, Meanwhile, local political support and citizen pressures increase others.
For example, in Montana and Wyoming, strategic reservation proposals were rejected due to concerns about the use of public funds, but in places like Utah and Oklahoma. Progress suggests that laws can be realized soon.
This contrast shows that the debate is far from a solution, but the trend towards cryptocurrency regulation and adoption continues to gain evidence.
The presence of around 100 Bitcoin-related projects in the US legislative process marks a turning point in the cryptocurrency ecosystem. With 91 initiatives spread across 35 states, The country is positioned as a reference in research into digital asset policies.
The importance of this phenomenon lies in its scale and the signal it transmits. Bitcoin has stopped being a secondary theme to become a national interest issue. As states move forward and fail or adjust to proposals, the US legislative map is converted. BTC technology markings are present in each corner.
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