PANews reported on February 24 that according to Cointelegraph, the U.S. state of Georgia proposed a second Bitcoin reserve bill (SB 228), allowing the state to invest in Bitcoin without any investment restrictions.

Earlier news , the U.S. state of Georgia proposed a bill to allow the state treasurer to invest in Bitcoin. According to the screenshots attached by the media, the bill involves state deposit institutions in order to stipulate that the state deposit board allows the state treasurer to invest in Bitcoin; stipulate limits on such investments; stipulate requirements for the safe handling of such assets; stipulate the lending of such assets; and repeal laws that conflict with it.