20 US states are paid for Bitcoin reserve bills, and if passed, they can throw 23 billion dollars (247,000 Bitcoins) in the encryption market, according to the prediction of the Vaneck MatThew Sigl analyst that was published in X today.
Massachusetts, Ohio, Texas, Illinois, Arizona, Iowa, Maryland, New Mexico North Carolina, and Florida among others already presented Bitcoin reserve billsAnd more (like Utah and Montana) discuss formulation formulation, as you can see in the picture below.
The proposed plans will transfer state funds into reserve funds and pension plans, with investments ranging from 50 million dollars to more than 8.7 billion dollars per state, depending on the amount of money they wish to commit.
On January 23, just 3 days after President Donald Trump’s opening, he signed an executive order to establish the Federal Currency Consultation Council. David Sachs, who was standing next to Trump on this day, was David Sachs, the encryption of the White House, who then co -coined that the advisory council was “evaluating” a strategic reserve for the National Bitcoin, as reported by Cryptopolitan.
During his campaign, Trump promised to make America a leader in Bitcoin and described himself as “the chief of encryption.” Currently, it works to reflect the SEC policies that restrict digital assets and set new bases to support Bitcoin’s accreditation, according to a Bloomberg report.
Some states like Maryland plans to buy bitcoin using public state funds, while others such as North Dakota are looking at donations and gifts, and even criminal assets to finance their reserves.
While legislators are fighting on Bitcoin investments, coding fraud rises. A report from the analysis series is estimated that the coding fraud revenue amounted to $ 9.9 billion in 2024. This number is expected to rise to $ 12.4 billion with the discovery of more fraud portfolios.
One of the most profitable fraud was the slaughter of pigs, as the fraudsters as investors or romantic partners, and to build confidence through social media and dating applications, and deceive the victims to put their money in fake encryption plans. According to the report, as soon as the money is sent, the deception disappears.
Elad Fouks, head of fraud products at Chainalysis, said the fraudsters use obstetric artificial intelligence to make their operations more convincing and difficult to discover. Fook said: “Genai has managed to generate a fake, realistic content, including web sites and menus, of investment fraud, purchasing fraud, and more, which makes these attacks more convincing and difficult to discover.”
With countries move towards bitcoin, fraud and fraud continues to rise, creating a high -risk environment for both governments and encryption markets.
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