Breaking: Utah Becomes 2nd US State to Approve Strategic Bitcoin Reserve Bill

Quick Summary:

Strategic Bitcoin Reserve has become more prominent in the US now that Utah’s Committee has cleared the bill.

This has made Utah the second US state to do so, inching closer to adding Bitcoin for strategic reserves.

It will become a law after the governor signs the bill that is currently supported by a super-majority vote in the state.

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Article Details

Category: Crypto

Markets: IndiaJordanUnited States

Topics: US Bitcoin Reserve 24/7 Cryptocurrency News Bitcoin News Bitcoin (BTC) Price Strategic Bitcoin reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 07:11:46 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25599989

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Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 9 hours ago

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