Pennsylvania bill proposes $700M Bitcoin allocation from state treasury

Pennsylvania lawmakers have proposed a bill to pump $700 million of the state’s treasury into Bitcoin. The Pennsylvania Bitcoin Strategic Reserve Act wants to throw 10% of the state’s $7 billion into the world’s most famous cryptocurrency. If it passes, Pennsylvania will become the first state in the country to stash Bitcoin in its treasury.  […]

https://www.cryptopolitan.com/pennsylvania-bill-proposes-700m-bitcoin-allocation-from-state-treasury/