Opinion: Several states in the United States respond to Trump's consideration of establishing BTC reserves, which is very favorable for the encryption market

Odaily Planet Daily News After Trump’s victory in the election, at least three states, Pennsylvania, Texas, and Ohio, are considering adopting a unique framework to establish their own BTC reserves. Eli Cohen, Chief Legal Officer of Centrifuge, asserted in a recent interview that this development is very favorable for the encryption market. While experts continue to debate the feasibility and potential market impact of implementing this at the federal level, some states may be seeking to join in. It is reported that Trump made a bold statement during the campaign to establish a strategic federal BTC reserve, and as the inauguration of the president-elect approaches, several states are already considering testing the waters. (thecryptobasic)