PANews reported on February 12 that according to OKG Research data, 21 states in the United States have proposed bills related to Strategic Bitcoin Reserve (SBR). Among them, Utah, Oklahoma and Arizona have made the fastest progress. Utah is expected to become the first state to implement SBR. Its Bitcoin Reserve Bill passed the vote of the House Economic Development Committee on January 28 and is currently awaiting Senate deliberation. If passed, it will take effect as early as May 7 this year. In addition, the relevant legislative process in Oklahoma and Arizona is also following closely.

OKG Research: 21 states in the United States have proposed bills related to Bitcoin reserves, with Utah making the fastest progress