Massachusetts may soon be joining the ranks of states like Texas, Hong Kong, and Germany in considering the establishment of a strategic Bitcoin reserve. The latest move comes from Republican Senator Peter Durant of Worcester County, who has introduced a bill for this purpose in the state legislature.
The bill proposes the creation of a separate fund, known as the Commonwealth Bitcoin Strategic Reserve, which will be managed by the state treasurer. The funds allocated for purchasing Bitcoin and other cryptocurrencies will be unspent, unencumbered, or uncommitted. However, the total amount allocated for this purpose cannot exceed 10% of the funds deposited in the Commonwealth Stabilization Fund.
Based on the current size of the stabilization fund, which stands at approximately $9 billion, the state could potentially allocate around $900 million for acquiring Bitcoin and other crypto assets. The bill also authorizes the state Treasury to loan the Bitcoin or other crypto assets held in the reserve, with the aim of generating additional returns without increasing the state's financial risk.
This move by Massachusetts marks a significant shift in the state's approach to digital assets, as Massachusetts is typically considered a deep blue state with a strong Democratic stronghold. It will be interesting to see how the bill progresses through the state legislature and whether it ultimately leads to the establishment of a strategic Bitcoin reserve in Massachusetts.
免責事項:info@kdj.com
提供される情報は取引に関するアドバイスではありません。 kdj.com は、この記事で提供される情報に基づいて行われた投資に対して一切の責任を負いません。暗号通貨は変動性が高いため、十分な調査を行った上で慎重に投資することを強くお勧めします。
このウェブサイトで使用されているコンテンツが著作権を侵害していると思われる場合は、直ちに当社 (info@kdj.com) までご連絡ください。速やかに削除させていただきます。
