✨ BITCOIN COMMUNITY RESERVE BILL gains traction on BINANCE ✨😲
(details below)👇
🧾 What the Bill Is🤔
• Illinois lawmakers have introduced the Community Bitcoin Reserve Act (Senate Bill 3743 / House Bill 5621), aiming to create a state-level Bitcoin reserve program.
It would hold Bitcoin in multi-signature cold wallets with strict rules against trading or selling unless new legislation is passed.
• The program is designed to be budget-neutral and initially focus on the Altgeld Bitcoin Reserve in Chicago.
📈 Binance Coverage
• Binance News reported that Illinois has proposed this Bitcoin community reserve bill, highlighting the intention to use multi-signature cold storage to secure BTC and emphasizing that any sales must be approved by future legislative action.
• Separate Binance coverage notes the bill under trending Bitcoin news, reinforcing the same proposal details.
📊 Market or Exchange Reaction
• There’s no authoritative, verified data showing Binance has seen a specific market reaction because of this bill (e.g., Bitcoin price moves or flows directly tied to Illinois legislation).
However, Binance and other platforms have broadly noted it as part of ongoing crypto policy news.
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