Minnesota state Senator Jeremy Miller introduces the Minnesota Bitcoin Act

Minnesota state Senator Jeremy Miller has introduced the Minnesota Bitcoin Act, which he drafted after completely changing his stance on Bitcoin.

Minnesota state Senator Jeremy Miller has introduced the Minnesota Bitcoin Act, which he drafted after completely changing his stance on Bitcoin.

“As I do more research on cryptocurrency and hear from more and more constituents, I’ve gone from being highly skeptical, to learning more about it, to believing in Bitcoin and other cryptocurrencies,” Miller said in a March 18 statement.

The bill aims to “promote prosperity” for Minnesotans by allowing the Minnesota State Board of Investment to invest state assets in Bitcoin (BTC) and other cryptocurrencies, just as it invests in traditional assets.

Several other US states have introduced similar Bitcoin-buying bills, with 23 states having introduced legislation to create a Bitcoin reserve, according to Bitcoin Laws.

A total of 39 different bills related to state investments in Bitcoin have been introduced across 23 US states.

State Bill no. Status / date (yyyy-mm-dd) / relevant articles

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Arizona HB 2606 Introduced, pending in House Committee on Innovation,

, Technology, and Opportunity March 1, 2024

California AB 1764 Introduced, pending in Assembly Committee on Banking

, and Finance February 20, 2024

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Colorado HB 24-1001 Introduced, pending in House Committee on State Government

, Elections, and Independent Entities February 27, 2024

Colorado HB 24-1002 Introduced, pending in House Committee on State Government

, Elections, and Independent Entities February 27, 2024

Connecticut HB 6718 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6719 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6720 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6721 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6722 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6723 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6724 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6725 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6726 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6727 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6728 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6729 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6730 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6731 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6732 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6733 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6734 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6735 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6736 Introduced, pending in House Point of View Committee

, March 1, 2024

Connecticut HB 6737 Introduced, pending in House Point of View Committee

, March 1