2026-01-16 10:28:26

A West Virginia state senator has introduced proposed legislation that would permit the state treasury to allocate up to 10% of its portfolio toward precious metals, select digital assets, and stablecoins. This policy initiative signals growing institutional recognition of cryptocurrency and alternative assets within traditional government finance frameworks.

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MEVSandwichVictim

· 4h ago

Here we go again, is the US playing this game again? Allocating 10% to crypto sounds like a lot but is actually nothing, but it is indeed a signal... Traditional finance has finally chickened out.

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ForkYouPayMe

· 4h ago

ngl Now even the Guangzhou government is starting to play with crypto? Putting 10% into it really shows something... Traditional finance has finally woken up.

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JustAnotherWallet

· 4h ago

West Virginia lawmakers' move is directly installing chips into the traditional financial ecosystem.

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SighingCashier

· 4h ago

This move by West Virginia is quite interesting. The government treasury is also allocating digital assets, so the traditional financial sector really has to take it seriously now.

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SolidityStruggler

· 4h ago

Damn, even US state governments are starting to allocate crypto assets. This wave of institutional adoption is coming really fast.

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SchrodingerAirdrop

· 4h ago

Now traditional finance really can't sit still anymore; government treasuries are about to allocate digital assets, and West Virginia has finally woken up.

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DegenWhisperer

· 4h ago

West Virginia's move is quite aggressive, directly allowing the treasury to allocate crypto assets... If this really passes, will other states be able to stay put?

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