Georgia Unveils Legislation for Bitcoin Reserve Initiatives

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Georgia Unveils Legislation for Bitcoin Reserve Initiatives

Another strategic Bitcoin reserve (SBR) bill has been proposed to the Georgia Senate.

This legislative initiative (SB 228) was put forth by the Democrats.

The bill stands as a partisan alternative to the Republican-backed SBR bill (SB 178) that was introduced just ten days prior.

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It is important to note that the bill proposed by the Democrats does not impose any investment limit, while the rival bill has a 5% restriction.

In total, over 20 state-level SBR bills have been introduced across the US.