ChainCatcher news, according to Dennis Porter, co-founder of the Satoshi Action Fund, stated on social media that market structure legislation will provide a significant boost to BTC prices. He pointed out that once the relevant bill is signed into law, it will open the floodgates for capital inflow, and the scale of capital inflow will reach unprecedented levels.

ChainCatcher news, Satoshi Action Fund co-founder and CEO Dennis Porter initiated a vote on the inclusion of U.S. crypto strategic reserves as assets on the X platform.As of now, the percentage of votes supporting the inclusion of only BTC is 54.6%; the percentage supporting the inclusion of BTC, ETH, XRP, and SOL is 30.4%; the percentage supporting the inclusion of the top ten cryptocurrencies by market cap is 12.3%; and the percentage supporting the inclusion of all cryptocurrencies and meme coins is 2.7%.

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, according to the Satoshi Action Fund, the strategic Bitcoin reserve legislation in Montana, USA has passed committee review and is about to enter the House voting stage.

ChainCatcher news, Satoshi Action Fund co-founder Dennis Porter posted on X, stating that completely eliminating capital gains tax on cryptocurrencies requires congressional approval and is unlikely to be achieved in the short term.Dennis Porter believes that the main obstacle is the significant loss of tax revenue, which makes such a proposal difficult to include in the upcoming tax legislation.

ChainCatcher news, Satoshi Action Fund (SAF) co-founder and CEO Dennis Porter posted on the X platform that Satoshi Action has currently raised $300,000 of its $500,000 fundraising goal within 60 days. There are two weeks left in the fundraising period.

ChainCatcher news, Satoshi Action Fund co-founder Dennis Porter posted on X that up to 20 "strategic Bitcoin reserve" bills will be proposed at the state level in the United States (the same state will have multiple bills). Legislators are fiercely competing to be the first in history. The vast majority of these bills will be based on the SBR model from the Satoshi Action Fund.

ChainCatcher news, Satoshi Action Fund (SAF) co-founder and CEO Dennis Porter posted on the X platform stating that at least 13 states in the U.S. are drafting legislation related to "strategic Bitcoin reserves." January is set to be a record-breaking month for Bitcoin policy.

ChainCatcher news, Satoshi Action Fund (SAF) co-founder and CEO Dennis Porter posted on the X platform that a certain state in the U.S. is almost 100% certain to start purchasing Bitcoin within the next 4 months.He also mentioned that his team is actively promoting the passage of relevant legislation, and this is not just a prediction, but a real progress that is happening.

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, Satoshi Action Fund CEO Dennis Porter posted on social media that the organization has made its Bitcoin strategic reserve policy model public, which is now available for download.It is reported that the "Bitcoin Rights" bill passed by the Pennsylvania House of Representatives on October 25 was drafted by the Bitcoin advocacy organization Satoshi Action Fund, and is the latest initiative to help legislators understand the nuances of blockchain technology and Bitcoin.

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.

ChainCatcher news, Satoshi Action Fund founder Dennis Porter stated on social media that a new paper indicates Bitcoin mining can play a key role in the transition to a sustainable energy future by enhancing grid stability, promoting the use of renewable energy, and supporting economic viability.