Many countries pursue bitcoin: Many nations are preparing regulations on bitcoin reserves, leading to a rise in acceptance of this currency. Dennis Porter emphasized that similar laws to Pennsylvania are being replicated by other states.

Interest in bitcoin is increasing: Porter pointed out that the number of lawmakers interested in and creating initiatives about bitcoin is growing. He believes a large wave of new bitcoin bills is soon to come globally.

Brazil leads in new regulations: A proposal in Brazil was introduced allowing the government to allocate 5% of the country’s international reserves into bitcoin, which could serve as a model for other nations in regulating and developing bitcoin reserves.