Massachusetts Considers Bitcoin Reserve
This is a Massachusetts news story, published by CoinGape, that relates primarily to Peter Durant news.
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Bitcoin reserveCoinGape
•Massachusetts To Embrace Bitcoin Strategy With New Reserve Bill, Here’s All
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Massachusetts is set to join a growing list of U.S. states embracing cryptocurrency as part of their financial strategy.
Republican Senator Peter Durant of Worcester County has introduced legislation to create a “Commonwealth Bitcoin Strategic Reserve” The proposed reserve aims to generate returns through loans without raising financial risk.
Senator Durant emphasized that the reserve would not replace traditional investments but act as a supplementary strategy.
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