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Crypto Legislation Hits A Wall: 4 States’ Reserve Bills Fail To Gain Traction

  • Legislative efforts in Montana, North Dakota, South Dakota, and Wyoming to establish digital assets reserves have failed.
  • Lawmakers are cautious about integrating digital assets into state financial strategies due to concerns over cryptocurrency volatility.
  • 24 states have introduced strategic crypto reserve bills, indicating ongoing interest in creating reserves.
  • Ohio remains optimistic about its proposals for a crypto reserve, while other states' willingness to prioritize public funds for crypto investments is uncertain.

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