In a groundbreaking move, the Pennsylvania House of Representatives has introduced legislation that would enable the state to hold Bitcoin on its balance sheet as a reserve asset. This marks a significant shift in the recognition of $BTC as a viable store of value and asset class.

The proposed legislation aims to provide Pennsylvania with the legal framework to incorporate Bitcoin into its financial operations, positioning the state as a pioneer in the emerging BTC landscape. This move comes as a growing number of governments and institutions worldwide are exploring the strategic benefits of integrating BTC into their reserve portfolios.

Source: Fox News, Bitcoin Magazine