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federal Bitcoin reserve initiativeInvezz
•Business
Business & Economics
79% Informative
Dennis Porter , the CEO and founder of the Satoshi Action Fund , believes Utah will be the first state to introduce a strategic Bitcoin reserve.
The bill would allow the state treasurer to allocate up to 5% of certain public funds into cryptocurrencies like Bitcoin .
Porter 's comments came during an interview with Simply Bitcoin and Republican Senator Cynthia Lummis , who has been pushing for a federal Bitcoin reserve initiative.
VR Score
75
Informative language
69
Neutral language
78
Article tone
formal
Language
English
Language complexity
65
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
7
Source diversity
2
Affiliate links
no affiliate links