Alabama Invests in Cryptocurrency: Bill Permits Bitcoin & Other Crypto Investments

Alabama has taken a bold step forward by enacting legislation allowing its investment committee to allocate funds to cryptocurrencies like Bitcoin. This groundbreaking move follows Senator Tommy Tuberville’s continued efforts, who has finally secured approval for his Financial Freedom Act after several attempts. The bill aims to integrate cryptocurrencies into 401(k) retirement savings plans for U.S. citizens, marking a significant shift in investment strategies within the state.