Missouri has filed a legislative initiative with its House of Representatives' Commerce Committee to establish a Bitcoin strategic holding mechanism. The proposed legislation, identified as HB 2080, would permit state financial officials to maintain Bitcoin donations for a minimum five-year holding period. According to ChainCatcher reporting, the Commerce Committee will evaluate the submitted proposal and determine whether to escalate it to the full House chamber for broader consideration. This measure reflects growing state-level interest in cryptocurrency reserves as institutions explore Bitcoin's potential role in official asset portfolios.
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Missouri has filed a legislative initiative with its House of Representatives' Commerce Committee to establish a Bitcoin strategic holding mechanism. The proposed legislation, identified as HB 2080, would permit state financial officials to maintain Bitcoin donations for a minimum five-year holding period. According to ChainCatcher reporting, the Commerce Committee will evaluate the submitted proposal and determine whether to escalate it to the full House chamber for broader consideration. This measure reflects growing state-level interest in cryptocurrency reserves as institutions explore Bitcoin's potential role in official asset portfolios.