Opinion: Multiple U.S. states respond to Trump's consideration of establishing Bitcoin reserves, which is very beneficial to the crypto market

Odaily Odaily reported that after Trump won the election, at least three states, Pennsylvania, Texas and Ohio, are considering adopting a unique framework to establish their own Bitcoin reserves. In a recent interview, Centrifuge General Counsel Eli Cohen asserted that this development is very beneficial to the crypto market. While experts continue to debate the feasibility of such a move at the federal level and its potential market impact, some states may be seeking to join in. It is reported that Trump made a bold statement during the campaign to establish a federal strategic Bitcoin reserve. As the inauguration of the president-elect approaches, several states have considered testing the waters in advance. (thecryptobasic)