PANews reported on December 13 that Dennis Porter, co-founder and CEO of Satoshi Action Fund (SAF), posted on the X platform that he will announce the launch of another version of the "Strategic Bitcoin Reserve" bill next week.

It is reported that the "Bitcoin Rights" bill previously passed by the Pennsylvania House of Representatives was drafted by the external Bitcoin advocacy organization Satoshi Action Fund, which is the latest move to help legislators understand the nuances of blockchain technology and Bitcoin. SAF has successfully helped 20 other states draft and pass similar legislation, including four bills in Oklahoma, Louisiana, Montana and Arkansas that became law.