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Bitcoin Reserve Bills Are Failing in Quick Succession in States

While the push for state governments to hold digital assets in one way or another generated momentum earlier this year, crypto reserve bills in four states have failed over the last month.“There’s a well-deserved perception of volatility in terms of Bitcoin and all digital assets,” said Jennifer Schulp, director of financial regulation studies at the Cato Institute in Washington. “I think that’s going to continue to be an issue even as the digital assets environment continues to be a positive on...

Read more at bloomberg.com

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