Brazil has signed a landmark law that allows authorities to channel crypto seized from criminal organizations directly into public security initiatives.
House Bill 2080, introduced by Missouri Rep. Ben Keathley, would create a state 'Bitcoin Strategic Reserve Fund' that would allow the treasurer to acquire and manage bitcoin under set guidelines.
Brazilian lawmakers have reintroduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to acquire one million Bitcoin over five years.
Rhode Island lawmakers reintroduced a bill to study blockchain and work on crypto innovation. Earlier this month, Rhode Island introduced a bill to temporarily exempt small Bitcoin transactions from state taxes.
West Virginia lawmakers introduced a bill that would allow the state treasurer to invest up to 10% of public funds in bitcoin, gold and precious metals.
Taiwan’s Ministry of Justice disclosed it holds over 210 bitcoin seized from criminal cases, placing the country among the world’s top government bitcoin holders.
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