Wyoming has introduced a bill aimed at creating a Strategic Bitcoin Reserve, becoming one of several states in the U.S. to move in this direction. The bill, introduced just before Donald Trump’s presidential inauguration, allows the Wyoming state treasurer to invest state funds in Bitcoin, with a cap limiting investments to no more than 3% of the total fund values. Senator Cynthia Lummis, a staunch supporter of Bitcoin, praised the initiative and the work of Representative Jacob Wasserburger in promoting the legislation. The bill stipulates that if the value of Bitcoin investments exceeds the 3% limit, the state treasurer is not obligated to sell off holdings to comply. This development is part of a broader trend as states like Texas, Ohio, and Massachusetts also pursue similar bills, coinciding with rising expectations for the new presidential administration's approach to cryptocurrency regulation.

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