In the U.S., Minnesota state senator Jeremy Miller, previously an opponent of cryptocurrencies, has proposed a Minnesota Bitcoin Act bill that would allow state agencies to invest in bitcoin and other cryptocurrencies. The bill would also allow cryptocurrencies to be added to the state employee retirement accounts and pay taxes with them. In addition In addition, profits from cryptocurrency investments would be exempt from state taxes States.

Other US states are also considering the creation of bitcoin reserves. Minnesota has joined the ranks of states where similar bills have been proposed. These measures reflect the growing interest in cryptocurrencies as investment assets. Technically, the bitcoin price is holding steady above a meaningful zone of of support. At the end of today, when the decision of the Fed U.S. Federal Reserve's decision on rates, there is a possibility of bitcoin price volatility growth.