Odaily Planet Daily reports that Bitcoin.com News posted on the X platform that Illinois introduced the “Community Bitcoin Reserve Act” earlier this week. The bill aims to establish a state-operated program that holds Bitcoin through multi-signature cold storage, with the Altgeld Bitcoin Reserve being the first. According to the bill, the reserved Bitcoin can only be traded or sold if authorized by new legislation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gen Z Embraces Bitcoin as a Core Portfolio Diversifier
A new generation of investors is drawing crypto deeper into mainstream portfolios, even as it grapples with the asset class’s well-known volatility. Gen Z’s appetite for risk and its digital-native approach to money are shaping both the demand for cryptocurrencies and the conversation around how to
CryptoBreaking16m ago
BTC whale proxy Garrett Jin: Trump’s remarks are political spin; the escalation of the conflict in the Middle East is irreversible
BTC OG insider mega-whale agent Garrett Jin analyzes President Trump’s speech, saying it suggests a commitment to a hot war, and that the escalation of the Middle East conflict is already set in stone. He notes that the market hasn’t priced this in, that the near-term rebound is driven by positioning, and that the absence of any solution to the war will continue to weigh on oil supply and raise risks for importing countries. A 6% jump in oil prices reflects the reality of the conflict escalating.
GateNews20m ago
New Hampshire Bitcoin Bond Gets Ba2 From Moody’s
Moody’s assigned a Ba2 rating to New Hampshire's $100 million Bitcoin-backed bond, highlighting volatility risks and its reliance on 160% collateral in Bitcoin. This marks a significant step in integrating digital assets into traditional credit markets.
CryptoFrontNews25m ago
Riot wallet outflow adds to selling wave among listed Bitcoin miners
Arkham flagged a 500 Bitcoin outflow from a wallet it attributes to Riot Platforms on Wednesday, in a possible sale the company had not publicly commented on by publication time.
The Bitcoin (BTC) wallet outflow sale comes shortly after Riot posted record 2025 revenue of around $647 million,
Cointelegraph41m ago
Bitcoin snaps 5-month losing streak: Key BTC price levels to watch in April
Bitcoin (BTC) closed March in green, ending the longest monthly losing streak since 2018. Data suggests that the coming months may prove to be profitable for BTC.
Key takeaways:
Bitcoin ended March 2% higher, marking the first green monthly close in six months.
A similar streak in 2018/
Cointelegraph1h ago