Two bills, which aim to establish digital asset reserves in Arizona, cleared the state’s House Rules Committee on March 24th and have now advanced to the House floor for a full vote. The proposed legislation includes the Strategic Digital Assets Reserve Bill (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025), which is...Read More
Bitcoin has had a wild ride this year. However, Bitwise Chief Investment Officer Matt Hougan sees a major shift in its trajectory. In fact, the exec believes that this is the “best time in history” to buy Bitcoin on a risk-adjusted basis. Bitcoin’s Historic Risks Are Gone In his latest blog post, Hougan reflected on...Read More
Recently, both North Carolina and Minnesota have introduced legislation aimed at expanding Bitcoin adoption amidst a growing trend among US states to explore cryptocurrency reserves. In North Carolina, the State Senate has passed SB327, a bill that authorizes the State Treasurer to allocate up to 10% of its public funds into Bitcoin. North Carolina, Minnesota...Read More
