On February 14, 2025, West Virginia State Senator Chris Rose introduced the "Inflation Protection Act of 2025," which allows up to 10 percent of the state treasury funds to be invested in digital assets such as Bitcoin. To qualify, the asset must have a market capitalization of over $750 billion. Currently, only Bitcoin meets these requirements. The bill aims to create reserves to protect the state budget from inflation and deficits caused by government spending. This is part of a broader initiative in other U.S. states to use digital assets to strengthen financial resilience.
2/15/2025 9:24:29 AM (GMT+1)
West Virginia has proposed a bill for investment in digital assets, including Bitcoin, to create reserves and protect against inflation and budget deficits
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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