Mayor Steven Fulop announces the Jersey City pension fund is updating paperwork with the SEC to allocate a portion of the fund to Bitcoin ETFs, similar to the Wisconsin Pension Fund's 2% allocation. His post here.
This is after the news that Santa Monica becomes first in the US to establish Bitcoin Office pilot program. The adoption and game theory is well on the way. It is hard to be the first adopter, but you certainly don't want to be the last.
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