Nov 15: Pennsylvania BTC Reserve? Will Others Follow?
Pennsylvania may allocate up to 10% of its $7B reserve to Bitcoin, becoming the first state with a crypto reserve. Meanwhile, Ilya Lichtenstein was sentenced for the 2016 Bitfinex hack. Trump’s win reshapes crypto leadership, with SEC Chair Gensler resigning and Bitcoin ETFs seeing $400M in outflows.
RESOURCES
https://cryptoslate.com/pennsylvannia-introduces-bill-to-use-7-billion-state-fund-for-bitcoin-strategic-reserve-purchases/…
The skinny
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