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Illinois Introduces Statewide "Bitcoin Community Reserve Act"

Illinois Introduces Statewide “Bitcoin Community Reserve Act”

BlockBeats News, February 8th, the state of Illinois in the United States introduced a state-level “Bitcoin Reserve Community Act” earlier this week, which will establish a state-operated Bitcoin multi-signature cold storage program, starting with the Altgeld Bitcoin Reserve. The bill stipulates that in the future, BTC can only be transacted or sold with new legislative authorization.

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