West Virginia lawmakers propose to allow state finances to invest in bitcoin
2025-02-14 21:20:36
United states west Virginia senator chris rose submit bill proposal xuzhoudesk3cryptocurrencydesktopCrypto News
US Senator Chris Rose of West Virginia has submitted a bill to allow the state treasury to invest up to 10% of its funds in bitcoin or precious metals to hedge against inflation risk. The bill stipulates that the state treasury can invest in digital assets with a market value of more than $750 billion, and currently only bitcoin meets the standard. Assets can be held on-chain or invested through ETFs.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
西弗吉尼亚州议员提案允许州财政投资比特币Next article：
Osprey Funds向美SEC申请将Osprey Bitcoin Trust转换为ETF
