The state of Georgia in the United States has proposed a bill to allow the state's chief financial officer to invest in Bitcoin

According to Bitcoin Magazine, a bill has been proposed in the state of Georgia, USA, which intends to allow the state's financial officers to invest in BTC.

It is reported that this bill involves state depository institutions so as to stipulate that the State Depository Committee allows the state finance director to invest in Bitcoin; set limits on such investments; specify requirements for safely handling such assets; regulate loans of these assets; and repeal conflicting laws etc.