Several US states are exploring investing public money in cryptocurrencies like Bitcoin!
- Utah might let the state treasurer invest in Bitcoin and stablecoins (crypto that keeps a steady value).
- Maryland wants to create a Bitcoin reserve using money from gambling fines.
- Kentucky is considering letting retirement funds invest in crypto funds.
- Many other states are also looking into similar ideas.
| Fact | Detail |
|---|---|
| Minimum market cap for Utah investment | $500 billion (only Bitcoin qualifies now) |
| Funding source for Maryland's Bitcoin reserve | Gambling violation fines |
| Number of states considering crypto investment | Over 15 |
