Financial Policy Revolution: US Encourages Bitcoin and Crypto Adoption in Various States

Jakarta, Pintu News – In March 2025, the United States witnessed a significant wave of change in the approach to cryptocurrencies. Several states actively introduced and passed legislative initiatives to encourage crypto adoption.

Kentucky: Protecting Bitcoin Rights and Stimulating Crypto Mining

Kentucky has taken a major step with the passage of the “Blockchain Digital Asset Act” (HB701) on March 24. This law protects the right of citizens to have their own custody of Bitcoin BTC->Current BTC PriceRp 0Market Cap-Trading Volume-Circulating Supply- and also legalizes and incentivizes crypto mining.

This shows that Kentucky aims to protect individual rights in the crypto space and position itself as a potential blockchain mining hub. With the full support of the state government, this law was passed unanimously 37-0 by the Senate. The move will hopefully attract more investment and technological innovation to Kentucky.

Also Read: Will Bitcoin (BTC) Break $90,000? Check out the Analysis!

North Carolina: Crypto Integration in Pension Funds and Strategic Reserves

In North Carolina, lawmakers are taking things a step further by proposing the integration of cryptocurrencies into the public finance system. According to Bitcoin Law, Bill H506 introduced on March 24, allows the investment of up to 5% of the state’s public funds into digital assets.

A similar bill, S709, also authorizes a 5% allocation of public funds and was submitted to the Senate on Tuesday. In addition, Bill H92 proposes the allocation of up to 10% of public funds for the purchase of digital assets as a strategic reserve. This move is expected to enhance the state’s financial security through asset diversification.

Arizona: Toward a Digital Asset Reserve

Arizona doesn’t want to be left behind in this race either. The state’s House Rules Committee recently approved two bills: The Digital Assets Strategic Reserve Fund Bill (SB1373) and The Arizona Bitcoin Strategic Reserve Act (SB1025). SB1373 allows for the creation of a digital assets reserve financed by assets seized in criminal cases managed by the state treasurer.

Treasurers can invest up to 10% of reserves annually and lend assets to generate additional income as long as financial risks remain under control. Meanwhile, SB1025 allows Arizona’s state treasurer and retirement system to invest up to 10% of their funds in Bitcoin (BTC). If a federal Bitcoin reserve fund is established, Arizona’s Bitcoin reserves can be securely stored in a separate account within the fund.

Conclusion

With support from the Trump administration, including the establishment of the Federal Strategic Bitcoin Reserve on March 7, states in the US are seizing the opportunity to reshape their financial policies. These initiatives not only boost the adoption of blockchain technology, but also promise increased security and diversification of state financial assets.

Also Read: Ethereum (ETH) Prepares for the Next Big Move, Will it Rise April 2025?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• BeInCrypto. US States Push Crypto Bills in March. Accessed on March 28, 2025
• Featured Image: Generated by AI