Degen

Three states in the US, Arizona, Kentucky, and Oklahoma, have initiated new legislative measures to support Bitcoin.

In Arizona, two Bitcoin-related bills have passed the House Rules Committee and will go to the full state House of Representatives for a vote. The bills include the creation of a strategic digital asset reserve and allowing up to 10% of funds to be invested in Bitcoin.

In Kentucky, a law was signed that provides strong legal protections for the use and custody of digital assets. The law affirms the right to self-custody Bitcoin, run nodes, and use cryptocurrencies without discrimination.

In Oklahoma, a bill was passed that would allow the state treasurer to invest in Bitcoin and stablecoins.