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Business & Economics

States race to lead as Trump’s strategic Bitcoin Reserve proposal gains momentum

Cryptopolitan
Summary
Nutrition label

61% Informative

Dennis Porter , CEO and founder of Satoshi Action Fund , says 16 US states will introduce Bitcoin reserve legislation.

This comes months after President Donald Trump advocated starting a national strategic Bitcoin reserve.

Ohio State Representative Steve Demetriou pushed for a new house bill that would allow the state treasurer to allocate 10% of the state’s funds to buy digital assets, including Bitcoin , for a crypto reserve.

VR Score

38

Informative language

25

Neutral language

29

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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