Georgia launches second Bitcoin Reserve Act

According to Cointelegraph, Georgia has introduced its second Bitcoin Reserve Act (SB 228), allowing the state to invest in Bitcoin without any investment restrictions. Previously, it was reported that the state of Georgia in the United States proposed a bill allowing state financial managers to invest in Bitcoin. According to the screenshot attached by the media, the bill involves state deposit institutions in order to stipulate that the state deposit commission allows state financial managers to invest in Bitcoin; Establish limits on such investments; Establish requirements for the safe handling of such assets; Regulating the borrowing and lending of such assets; Abolish laws that conflict with it.