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Roswell, New Mexico, USA, establishes the first city-level BTC strategic reserve

2025-05-01 02:03

Odaily News According to The Defiant, Roswell, New Mexico, has become the first city in the United States to establish a BTC strategic reserve. The move stems from a BTC donation worth $3,000. The city government has confirmed that it has the authority to receive it and is promoting a motion to formally establish a municipal BTC strategic reserve. This move marks a key step for local governments in the adoption of crypto assets, and Roswell has become a pioneer in exploring the inclusion of BTC in the city's financial strategy.