Illinois Bets Big on 5-Year HODL Bitcoin Reserve Strategy

15 states are considering a strategic Bitcoin reserve: Here’s what you need to know
More than a dozen states are considering implementing a fiscal policy that would have been unthinkable just a few years ago: holding a strategic Bitcoin reserve. Here’s the idea: an individual state buys a set number of Bitcoins to diversify its assets and act as a hedge against inflation.
Illinois Bets Big on Five-Year HODL Bitcoin Reserve Strategy
Illinois is taking a major step toward integrating Bitcoin into state finance with a bold new plan. House Bill 1844, introduced by State
Illinois unveils bill to create strategic bitcoin reserve
Illinois Republican John Cabello introduced a new bill to create a strategic bitcoin reserve through the state treasury, joining at least six other U.S. states exploring the option. Proponents of strategic bitcoin reserves tout their ability to offer states greater financial sovereignty and autonomy away from a central bank.
Illinois proposes strategic Bitcoin reserve with 5-year hold strategy
Illinois has proposed a bill for a state-run Bitcoin reserve. The state has a goal to use the world’s first crypto as a financial savings technology. As of now, the bill requires a five-year holding period before conversions or sales can proceed.
Illinois To Establish A Bitcoin Reserve With 5-Year Holding Period
Illinois has introduced a bill proposing a state-run Bitcoin reserve with a mandatory five-year holding period, joining a growing number of states exploring crypto treasury strategies. State Representative John Cabello proposed Illinois House Bill 1844 (HB1844),

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