Roswell, New Mexico Establishes First Municipal Strategic Bitcoin Reserve Following $3,000 Bitcoin Donation

The city of Roswell, New Mexico, has become the first city in the United States to establish a strategic Bitcoin reserve. This initiative follows a $3,000 Bitcoin donation, which city officials confirmed the city can accept. Officials are currently meeting to consider formalizing the creation of the municipal-level Bitcoin Strategic Reserve. This move marks a historic step in municipal adoption of cryptocurrency assets, positioning Roswell as a pioneer in integrating Bitcoin into city financial strategies. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant