welcome
CoinGape

CoinGape

Business

Business & Economics

New Mexico is the latest US State to explore a strategic Bitcoin reserve move

CoinGape
Summary
Nutrition label

62% Informative

New Mexico State of New Mexico Proposes to Invest 5% of public funds in Bitcoin .

The Bill was introduced to the New Mexico Senate by Senator Ant Thornton .

The move aligns with the Federal Government’s national digital asset stockpile plan.

While about 15 states in the US have introduced a Bitcoin Bill, it underscores the growing adoption of the coin.

VR Score

45

Informative language

37

Neutral language

60

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links