According to recent reports from COINOTAG, dated December 8th, certain U.S. states are moving ahead of federal initiatives regarding Bitcoin reserves. Notably, Florida is taking proactive measures to establish a state reserve by the first quarter of 2025. In a similar vein, Pennsylvania is advancing a strategic proposal that could mandate a 10% investment of its general fund into Bitcoin, a bill introduced last month. Meanwhile, states such as Michigan and Wisconsin are opting for indirect exposure to Bitcoin via investments in cryptocurrency-related ETFs and trusts. This decentralized approach reflects a growing trend among states to adopt digital assets, potentially paving the way for a more integrated financial landscape centered around cryptocurrencies.
Source: https://en.coinotag.com/breakingnews/florida-and-pennsylvania-pave-the-way-for-bitcoin-reserves-in-2025/