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The Defiant 2025-01-08 11:36:30

Satoshi Action Fund Says Multiple Bitcoin Reserve Bills Will Soon Be Introduced at the State Level

Dennis Porter, CEO and co-founder of the Satoshi Action Fund, has revealed that up to 20 Strategic Bitcoin Reserve (SBR) bills are set to be introduced at the state level in the United States. The Satoshi Action Fund, a non-profit organization that aims to position Bitcoin as a key tool for financial innovation and stability, detailed on its donation webpage that “13 states are prepared to introduce and pass Strategic Bitcoin Reserve legislation.” The organization is aiming to double the number of U.S. states with pro-Bitcoin legislation by 2025 – it has already helped pass four pro-Bitcoin bills into law, as well as contributing to the introduction of such legislation in 20 states. This initiative underscores the growing momentum for Bitcoin adoption at the institutional level, reflecting a broader effort to incorporate cryptocurrency into legacy financial systems. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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