Roswell, New Mexico, made history in municipal financing by becoming its first city in the United States Official bitcoin reserves.
The small donation puts big plans in the emergency fund
According to city officials, the small small donation at the beginning of 3,050,323 Satoshis (0.0305 BTC) will form the basis for a more important financial plan.
The city accepted its first donation in the encrypted currency of 0.0305 BTC (about $ 2,845) on April 29, 2025, to start what officials called “RosWell Strategic Bitcoin Reserve”.
Crypting stockpile of growth
The reserve will increase by more donations and care throughout the nodes. According to the reports of the city council, the encryption biopsy of a million dollars must accumulate before being exploited as an emergency fund.
I am pleased to update that the mayor of professionals, Juliana Halforson, came under my work earlier and we signed the delivery of the city hall, saying Roswellnmgov Now keeps the Bitcoin strategic archives, as well as providing tax -exempt receipts.
Today my heart is full. pic.twitter.com/imo717r7zf
– Guy Malone, CBP (Richnfrenz) April 30, 2025
The city government will supervise the coded currency reserves, with tight control measures. Any expenses of reserves must be approved unanimously by the city council.
The regulations allow up to 21 % of the total reserves every five years, while initially prioritized to help elderly citizens pay water bills and support relief efforts in emergency situations.
🚨 RosWell, NM only made history-the first city to run by the government #Bitcoin Reserve!
It started with only $ 2,906 in $ BTC … but they will take advantage of it as soon as it reaches one million dollars!
This is how early adoption begins.#Crypto pic.twitter.com/b3t05QEHW9
Crypto Patel (Cryptopatel) May 1, 2025
Other countries are moving towards bitcoin investments
Roswell’s leading actions are taken as some countries are the same as encrypted currency measures. The Legislative Council in Arizona recently approved the draft laws in the Senate 1025 and 1373, which will enable the treasury and retirement fund in the state to invest to 10 % of their balance in virtual currencies. These measures now go to Governor Katie Hobbes to sign.
The encryption reserves have become common throughout the country
The trend towards state reserves exceeds New MexicoArizona, Alabama, and North Carolina. Texas, California, Florida and New Hampsuire were all interested in creating their BTC reserves.
🇺🇸 Update the state reserve race:
North Carolina Bitcoin Reserve HB92 Error House!
NC is the fifth legislative body that passes the SBR legislation through at least one room. pic.twitter.com/a6dbbb8zuce
Bitcoin Laws (Pitcoin_laws) April 30, 2025
This emerging trend indicates a major change in how government governments and local governments think about the coded currency possesses. While bonds and shares traditionally controlled government financial affairs for several centuries, Bitcoin now takes the spotlight as an applicable alternative to public tanks.
The near new Rosewil meeting: encryption is entered into the city orbit
In a city that has long been synonymous with puzzles outside this world, it is normal for Roswell to now lead the road to an unconventional financial future.
By becoming the first American municipality to use Bitcoin as a backup asset, RosWell again placed itself at the forefront of the story of another world – this time, however, flying things are of digital nature.
Distinctive image from Unsplash, tradingvief chart
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