Legislators in Alabama and Minnesota push for the establishment of Bitcoin reserves
Legislators in Minnesota and Alabama, USA have submitted companion bills identical to existing ones, allowing states to purchase Bitcoin. On April 1st, Bernie Perriman, a Republican representative from Minnesota, submitted the "Minnesota Bitcoin Bill" (HF 2946) to the state's House of Representatives. Prior to this, Republican State Senator Jeremy Miller had proposed an identical bill on March 17th. Meanwhile on the same day in Alabama, Republican Senator Will Barfoot introduced Senate Bill No. 283 while bipartisan representatives led by Republican Mike Shaw proposed an identical House Bill No. 482 which allows the state to invest in cryptocurrencies but essentially restricts it to Bitcoin.
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