- New Mexico is now part of the 15 American states that BTC Reserve accounts have submitted.
- Polymarket Opportunities of a National BTC reserve have fallen below 50%.
New Mexico is the newest American state to become a member of the Bitcoin[BTC] Reserve movement, who has chosen pace since Donald Trump won the presidential elections.
According to the report, the New Mexico (NM) Reserve account Would enable the State to use 5% of the public resources to buy BTC.
Source: X
Senator Anthony Thornton of New Mexico officially entered Senate Act (275) on February 4. It is awaiting assessment by the senate tax, the business community and the transport committee (STBTC).
US Bitcoin Reserve Race
Other states, such as WyomingLed by Senator Cynthia Lummis, have also made progress with BTC reserve plans. If approved, the state would invest around $ 300 million in BTC to diversify its reserve confirmations.
According to Bitcoin Laws, a tracker for BTC reserve legislation, 15 states have seen some progress in BTC Reserve accounts.
Source: Bitcoin laws
So far, most accounts are on an introduction or the first reading phases of the committee. Nobody has been hired.
North Dakota and Wyoming Bills, however, did not take place. On the other hand, Arizona held one pipe While the bill went to the general floor for a vote.
Trump’s Crypto Tsar David Sacks drops at national level confirmed That President Trump dedicated him, in addition to the relevant working group, to “evaluate the idea of BTC Reserve.”
Although there is no exact timeline for the National BTC Reserve, the president told the working group to submit a framework within 180 days to set up a ‘National Digital Stockpile’.
At the time of the press, the chances of polymarket for the National BTC reserve in 2025 was less than 50%, suggesting that BTC did not fully priced in the possibility of a positive result.
