Considering that 2024 is the year of institutional crypto adoption, what will happen in 2025 is remarkable. News from the USA and Kenya, cryptocurrency regulations and Bitcoin $93,857.8 It excites investors with the increasing discussions about its reserves.
Bitcoin Reserve Plans in US States
New Hampshire State Representative Keith Ammon has introduced legislation that would allow the state treasury to invest in cryptocurrencies. This law allows up to 10% of the state treasury to contain Bitcoin and selected stablecoins.
“A law has been proposed to create a Strategic Bitcoin Reserve.”
— Keith Ammon, New Hampshire State Representative
While this strategic reserve may include Bitcoin as the main asset, other cryptocurrencies with significant market capitalization and regulatory transparency may also be included.
North Dakota Seeks to Invest in Digital Assets
North Dakota plans to add Bitcoin and other digital assets to its reserves. Last week, the state introduced “Resolution 3001,” targeting diversified investments in precious metals and digital assets.
“Changing economic conditions and new investment opportunities require careful investment of state financial resources.”
— Resolution 3001
This bill demonstrates how the current economic environment is accommodating change and is gaining strength with 11 supporters.
Kenya Prepares to Legalize Cryptocurrencies
Kenya is moving away from its historical cautious stance towards cryptocurrencies and focusing on developing comprehensive regulations. Treasury Secretary John Mbadi is also addressing security concerns by launching a draft policy for virtual assets.
“The Government of Kenya is committed to creating the necessary legal and regulatory framework to seize the opportunities and manage the risks of virtual assets.”
— John Mbadi, Kenyan Treasury Secretary
Kenya, with a population of 55 million, began taking a more nuanced approach reflecting the growth of the crypto sector in 2022 and conducted a policy survey involving virtual asset service providers in December 2024.
These developments show that the integration of cryptocurrencies into traditional financial systems is accelerating both in various states of the USA and in Africa.
Finally, it may be important for investors to closely monitor the potential impact of these steps on the economy and their role in international cryptocurrency regulations.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
