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Satoshi Action Fund: Utah may become the first US state to establish a Bitcoin reserve

Satoshi Action Fund: Utah may become the first US state to establish a Bitcoin reserve

CointimeCointime2025/02/03 02:22
By:Cointime

Utah may become the first state in the United States to establish a Bitcoin reserve due to its shorter legislative window and "political momentum".

Dennis Porter, CEO of Satoshi Action Fund, stated in an interview with US Senator Cynthia Lummis on February 2 that Utah has a great opportunity to become the first state in the United States to establish a Bitcoin reserve because they only have 45 days to make a decision.

Dennis Porter stated in an interview on January 21: "Either succeed within 45 days or fail. No other state has a shorter legislative time, and no other state has more political momentum and determination to get this done."

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