Georgia, USA has proposed a bill to allow the state's financial officers to invest in Bitcoin

Feb 14, 2025 23:03:46

according to Bitcoin Magazine, a bill has been proposed in the state of Georgia, USA, to allow state financial officials to invest in BTC.

It is reported that the bill involves state deposit institutions to stipulate that the state deposit commission allows the state financial officer to invest in Bitcoin; sets limits on such investments; establishes requirements for the safe handling of such assets; regulates the lending of such assets; and repeals conflicting laws, among other provisions.

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