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Massachusetts proposes to establish a strategic Bitcoin reserve, becoming the eighth state to introduce related legislation.

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Jan 18, 2025

Massachusetts Senator Peter Durant has proposed the establishment of a "strategic Bitcoin reserve" in the state, becoming the first deep blue state to introduce related legislation. Massachusetts is also the eighth state to propose a similar bill. Currently, eight states in the U.S. have introduced bills related to the "strategic Bitcoin reserve," including Oklahoma, New Hampshire, Wyoming, Texas, Pennsylvania, Ohio, and North Dakota.

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