ChainCatcher news, Satoshi Action Fund (SAF) co-founder Dennis Porter tweeted that seven states in the U.S. have passed the committee review of the strategic Bitcoin reserve bill, and the legislative process is moving forward.

ChainCatcher news, Satoshi Action Fund CEO Dennis Porter stated that the third U.S. state will officially launch "strategic Bitcoin reserve" legislation this week, but he did not disclose which state will follow the lead of Texas and Pennsylvania.Porter added that he expects at least 10 states to introduce Bitcoin reserve bills in total, "this will not stop. We will see more and more such bills introduced. In my view, there will be at least 10."

ChainCatcher news, Trump nominates Satoshi ActionFund co-founder Dennis Porter as the head of Bitcoin Strategic Reserve.

ChainCatcher news, according to Bitcoin.com News, Satoshi Action Fund founder Dennis Porter stated that several countries have contacted him, hoping he would draft regulations to establish strategic Bitcoin reserves.Porter pointed out that he has received calls from 5 different countries regarding the issue of Bitcoin strategic reserves. He emphasized, "Now, the success we have achieved through legislation in the United States can be exported around the world."It is reported that Porter has worked with state and national legislators in the United States and has supported several states in enacting the "Blockchain Basic Act." The Satoshi Action Fund is an organization that helps legislators formulate and implement Bitcoin policies.