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Kansas proposes Bitcoin Strategic Reserve Bill
GateNewsBot
BTC-4,76%
Odaily Planet Daily reports that, according to Bitcoin Archive, Kansas has introduced a Bitcoin Strategic Reserve Bill. The bill allows up to 10% of the state’s trust fund assets to be invested in Bitcoin ETFs.
If the bill passes, Kansas will become another U.S. state to incorporate Bitcoin into its state-level asset allocation framework. The progress of this initiative is still pending legislative approval.
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