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Cryptocurrency legislation is stalled, and bills in multiple states have failed to pass
Wu said that, according to Bitcoin Laws data, the HB230 bill in Utah is leading in the BTC reserve race. At the same time, digital asset bills in Montana (MT), North Dakota (ND), Pennsylvania (PA), South Dakota (SD), and Wyoming (WY) have failed to pass or have failed, showing that these areas are facing challenges in the legislative process of cryptocurrency and blockchain technology.