Georgia Plans to Invest Public Funds in Bitcoin: A Potential First
Georgia is making strides to become one of the first states to officially hold Bitcoin reserves. A new bill, SB 178, proposes allowing the stateโs Treasurer to allocate up to 5 percent of public funds into Bitcoin. If passed, this legislation will pave the way for Georgia to embrace cryptocurrency as part of its financial strategy, setting a precedent for other states to follow.