Wyoming Introduces a Bitcoin Strategic Reserve Bill
Representative Jacob Wasserburger has proposed a new bill in Wyoming, called the “State Funds-Investment in Bitcoin Act” (HB0201), which aims to solidify the state’s status as a pioneer in Bitcoin innovation.
This bill follows in the footsteps of previous groundbreaking legislation in Wyoming and aims to secure the state’s financial future while also promoting wider adoption of Bitcoin across the nation.
Upon introducing the bill, Wasserburger stated that Wyoming has always been a leader in various areas, such as women’s suffrage and the invention of the LLC.
By creating a Bitcoin Strategic Reserve through this bill, the state can continue to be at the forefront of legislative innovation in this field, while also providing its citizens with the benefits of sound money and financial independence.
HB0201 would enable a portion of Wyoming’s state funds to be invested in Bitcoin, as part of a diverse investment strategy. This move would allow the state to take advantage of Bitcoin’s potential for long-term growth while also supporting its core values of decentralization and monetary stability.
