Missouri Proposes Bitcoin Strategic Reserve Fund Amid Kentucky’s Investment Legislation

Missouri Representative Ben Keathley has proposed a Bitcoin Strategic Reserve Fund controlled by the state treasurer, allowing the purchase and holding of Bitcoin using state funds. This initiative aims to diversify Missouri's investment portfolio and adopt a HODL strategy for Bitcoin.

Kentucky has introduced legislation enabling up to 10% of excess state reserves to be invested in Bitcoin and other digital assets, becoming the 16th US state to explore Bitcoin reserves.

Key Points

Missouri's fund aims to diversify investments and accept crypto donations.
Kentucky allows investment in Bitcoin and other digital assets from state reserves.
Potential increase in Bitcoin adoption anticipated due to new pro-crypto policies.

Emerging Crypto Projects

Solaxy ($SOLX): A Layer 2 solution on Solana focusing on faster and cheaper transactions. Current presale raises over $18.6M.
MIND of Pepe ($MIND): An AI-powered coin offering early-stage investment opportunities, with presale exceeding $5M.
Meme Index ($MEMEX): Provides various baskets of meme coins catering to different risk appetites, with a presale raising $3.4M.
Dogecoin ($DOGE): With a market cap over $36B, it remains a leading meme coin, potentially benefiting from future integrations into payment platforms.
OFFICIAL TRUMP ($TRUMP): Recently surged over 12,000% at launch; remains significant with a market cap of $3.4B despite recent declines.

Investors should remain cautious due to the volatility of the crypto market and conduct thorough research before investing.