Kentucky’s bill is a “huge vote of confidence in Bitcoin” that makes the United States closer to the Bitcoin Federal Reserve.
Kentucky has become the sixteenth country of the American, which provides legislation aimed at establishing a bitcoin reserve, highlighting the adoption of the growing digital assets at the state level.
The bill was, KY HB376, foot Written by Kentucky’s representative, Tudor Joseph Roberts, on February 6. If approved, the Governmental Investment Committee will secure the allocation of up to 10 % of the state’s excessive reserves in digital assets, including bitcoin (BTC). It provides for:
Bill Ki HB376. Source: legiscan.com
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