In the US, data collected by Bitcoinlaws shows that 35 out of 50 people, equivalent to 35 out of 50 people, which make up the country, already have Bitcoin-related bills.
Legislative initiatives that address this digital currency and its technology in some way are being debated by passing through the west and west coasts at all latitudes of the US map from northeast to south.
Some of these projects They are trying to establish a strategic booking for Bitcoinothers point to tax exemptions for activities using BTC, but there are proposals aimed at allowing public investment in cryptoactives and creating clear regulatory frameworks for the sector.
However, progress in these initiatives was not uniform; For stagnation, failure, and other proposals, it’s approaching the law.
Bitcoin Strategic Reserve
On the Bitcoinlaws site, out of the 35 states that have projects, 36%, or 18, of which, of which, Drive the creation of a concrete Bitcoin Strategic Reserve.
states such as Arizona, Texas, Oklahoma, Florida, Georgia, Iowa, Illinois, Kentucky, Massachusetts, Maryland, Mithri, North Carolina, Nuevo Hampshire, New Mexico, Ohio, Rhode Island, Western Virginia, Wyoming and more.
Generally, these proposals propose state governments Acquire and maintain BTC as a reserve assetan idea that gained traction as a measure to diversify public funds.
But not everything is thriving. For example, this type of project has been rejected in North Dakota, Pennsylvania, South Dakota, South Dakota and Wyoming.
Public Investment in Bitcoin
Other states have focused on allowing public investments in Bitcoin and cryptographic actions generally.
Arizona, Florida, Georgia, Iowa, Kansas, Massachusetts, Montana, Mithri, North Carolina, Nuevo Hampshire, Oklahoma, Pennsylvania, Rhode Island, South Dakota and Texas will appear on this list.
These initiatives are seeking to approve state entities such as pension funds and the Department of Treasuryassign resources to BTC and other digital currencies. At the same time, a proposal in Arizona. Montana, Oklahoma and Rhode Island investigate tax exemptions for transactions with Bitcoin. With the aim of encouraging its use and adoption in everyday economic activities.
Not just bitcoin, but focused
The scope of “digital assets” has also been featured on several state legislative agendas. Alabama, Arizona, Iowa, Illinois, Kentucky, Mithri, Montana, North Carolina, North Dakota, Nuevo Hampshire, Pennsylvania and Rhode Island are working on projects that address the broader definition and regulation of digital assets, encryption and related technologies.
In a more specific approach, Indiana and Michigan are calling for proposals related to Bitcoin mining to regulate or nurture this activity that supports digital currency networks. In total, Bitcoinlaws will record Over 90 different invoices nationwideeach has a specific purpose and scope.
Progress on these initiatives varies widely across states. In some cases, they went to the final stage of legislative approval, which is about to be promulgated as state law, as encryption is documented. Utah, for example, saw his project in Gov. Spencer Cox’s office. The proposal first established a Bitcoin reserve before being revised.
Oklahoma has made progress in Bill HB 1203, known as the Bitcoin Strategy Preparation Act. It was approved by the Chamber of Commerce and Industry Committee in February this year. And now he is waiting for discussion in the Senate. These cases reflect a growing interest in integrating Bitcoin into finances.
However, not all proposals are carried out with the same fate. In five states: North Dakota, Pennsylvania, Dakota del Sur and Wyoming – Strategic Booking Project They are either facing rejection or stagnant in the Legislative Commission..
In Montana, representatives such as Stephen Kelly expressed concern about the use of taxpayer funds on digital assets, arguing that such investments could be too risky for the Public Treasury Department. This contrast between advancement and set Evidence of a diverse range of coexistence in the country regarding Bitcoin.
Various approaches
Various legislative approaches reflect the impact that Bitcoin and cryptocurrency have had on public and political debates in the United States.
Some states see opportunities to modernize their economy and protect them from inflation in BTC, while others remain cautious about its volatility and the regulatory challenges it implies.
For example, strategic booking orientation has been promoted as an alternative to diversifying national assets. Instead, efforts to exonerate taxes or regulate mining They are trying to promote the actual use of cryptocurrency in everyday life.
Despite partial failures, the volume of initiatives continues to grow. The 35 states that are underway with the project are the majority, with over 90 active proposals. Coverage from general regulations to specific measures.
This legislative activity is not limited to any particular region, but will cross the entire US territory, from Alabama to the south to New Hampshire in the northeast, through Texas in the southwest and North Dakota in the Central Plains. The existence of Bitcoin on the state agenda It is no longer an isolated phenomenon, it is an expanded trend.
The future of these proposals will depend on factors such as local political support, civic pressure, and cryptocurrency market behavior. For now, 70% of the state are continuing their conversation about Bitcoin, with 18 of them focusing on strategic reserves, while others are exploring alternative paths.
Progress in places like Utah and Oklahoma suggests that some laws can be made quickly, but the set-off in Montana and Wyoming is They show that the argument is far from being resolved.
With over 90 projects in danger, the United States is in an era of inflections. The diversity of approaches and the geographical scope of initiatives indicate that Bitcoin has become a secondary theme It becomes a matter of national interest.
As states move forward, the legislative maps of North American countries continue to change, with the presence of the Bitcoin mark in each corner as they fail or adjust to proposals aimed at a new digital economy.
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