{"id":153278,"date":"2025-03-19T22:00:52","date_gmt":"2025-03-19T20:00:52","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=153278"},"modified":"2025-03-19T19:28:23","modified_gmt":"2025-03-19T17:28:23","slug":"u-s-state-proposes-allocating-10-of-public-funds-to-bitcoin","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/u-s-state-proposes-allocating-10-of-public-funds-to-bitcoin\/","title":{"rendered":"U.S. State Proposes Allocating 10% of Public Funds to Bitcoin\u00a0"},"content":{"rendered":"
This bill allows the State Treasurer to invest up to 10% of the state\u2019s public funds into Bitcoin (BTC<\/a><\/strong>) as a way to diversify and strengthen its reserves.<\/p>\n The bill comes with specific guidelines to ensure the safe management and transparency of the Bitcoin holdings. It mandates that the cryptocurrency be stored in multi-signature cold wallets for enhanced security.<\/p>\n Regular audits will be conducted monthly to maintain transparency and verify the holdings, reinforcing the state\u2019s commitment to accountability. Furthermore, the sale of Bitcoin will be heavily restricted, only permitted in cases of dire financial need, and under strict guidelines.<\/p>\n