💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
The Florida Crypto Assets Investment Bill has been withdrawn.
According to Gate.io News bot, as reported by Cointelegraph, two cryptocurrency bills in Florida, HB 487 and SB 550, were "indefinitely postponed and withdrawn" on May 3rd. These bills were originally intended to authorize the state to allocate 10% of state funds for Bitcoin investments, but they did not pass by the end of the legislative session on May 2nd. Additionally, similar bills proposed in several other U.S. states, including Wyoming and South Dakota, also failed to go through the legislative process.