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Utah could be first US state to pass Bitcoin reserve bill: Satoshi Action Fund

Utah could become the first US state to pass a Bitcoin reserve bill, thanks to its 45-day legislative window. A recent committee approved the bill to invest state funds in Bitcoin and cryptocurrencies valued over 500 billion USD.

Dennis Porter from Satoshi Action Fund emphasized the strong political momentum and the success of previous bills in Utah, expressing confidence that the legislation will pass. Arizona remains the only other state with a similar proposal presently.

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