Opinion: Several states in the U.S. respond to Trump's consideration of establishing a Bitcoin reserve, which is very beneficial for the cryptocurrency market

ChainCatcher news, according to thecryptobasic, after Trump's victory in the election, at least three states—Pennsylvania, Texas, and Ohio—are considering adopting a unique framework to establish their own Bitcoin reserves. Centrifuge's General Counsel Eli Cohen asserted in a recent interview that this development is very beneficial for the crypto market.

As experts continue to debate the feasibility of implementing this at the federal level and its potential market impact, some states may be seeking to join in. It is reported that Trump made bold claims about establishing a federal strategic Bitcoin reserve during his campaign, and with the inauguration of the incoming president approaching, several states are already considering testing the waters.