TechFlow news, on January 30, according to Cointelegraph, Illinois state representative John Cabello introduced Bill HB1844, proposing the establishment of a strategic Bitcoin reserve fund within the State Treasury.
The bill stipulates that once Bitcoin enters state custody, it must be held for at least five years before being allowed to transfer, sell, or convert into other cryptocurrencies. The bill has now been submitted to the Rules Committee, awaiting final approval by lawmakers.




