{"id":12867,"date":"2025-02-13T11:18:07","date_gmt":"2025-02-13T11:18:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12867"},"modified":"2025-02-13T11:18:07","modified_gmt":"2025-02-13T11:18:07","slug":"wyoming-highway-patrol-association-explores-bitcoin-adoption-for-its-balance-sheet","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12867","title":{"rendered":"Wyoming Highway Patrol Association Explores Bitcoin Adoption for Its Balance Sheet"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">The Wyoming Highway Patrol Association (WHPA), a nonprofit organization that supports troopers, dispatchers, and civilian staff, is considering adding Bitcoin to its balance sheet. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The initiative is being pursued in collaboration with Proof of Workforce\u2019s \u201cGet Off Zero\u201d program. It aims to educate labor unions and pension funds about Bitcoin\u2019s potential benefits. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><a class=\"editor-rtfLink\" href=\"https:\/\/beiwatch.substack.com\/p\/breaking-wyoming-highway-patrol-association?r=iiylk&amp;triedRedirect=true\" target=\"_blank\" rel=\"noopener nofollow\">On 12 February 2025, <\/a>Dom Bei, the founder of Proof of Workforce, said <\/span><span data-preserver-spaces=\"true\">that the WHPA\u2019s involvement in this initiative could set a precedent for similar organizations.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A <\/span><span data-preserver-spaces=\"true\">portion of the Bitcoin acquired through this initiative may be held in self-custody<\/span><span data-preserver-spaces=\"true\">, Bei explained<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> He highlighted Bitcoin as a stable long-term financial tool, particularly as the traditional fiat-based monetary system undergoes shifts and uncertainties.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/ai-agent-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Top 10 AI Agent Crypto Coins to Buy in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Some Bitcoin from This Initiative May Be Held in Self-Custody<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">If the plan moves forward, WHPA <\/span><span data-preserver-spaces=\"true\">would<\/span><span data-preserver-spaces=\"true\"> become the first law enforcement association in the United States to adopt Bitcoin. The initiative has received strong backing from Wyoming Senator Cynthia Lummis, who has been a vocal advocate for Bitcoin and introduced a federal <\/span><span data-preserver-spaces=\"true\">Bitcoin<\/span><span data-preserver-spaces=\"true\"> reserve bill in July last year.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThis is so cool,\u201d Lummis stated. \u201cThe goal <\/span><span data-preserver-spaces=\"true\">with<\/span><span data-preserver-spaces=\"true\"> this<\/span><span data-preserver-spaces=\"true\"> is to help Americans access tools that protect the value of their hard work. <\/span><span data-preserver-spaces=\"true\">Love<\/span><span data-preserver-spaces=\"true\"> to see Wyoming citizens who protect us, protected by Bitcoin. That\u2019s freedom-focused innovation.\u201d<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud835\udc09\ud835\udc14\ud835\udc12\ud835\udc13 \ud835\udc08\ud835\udc0d: <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Wyoming Highway Patrol Association adopts Proof of Workforce \u201cGet Off Zero\u201d Initiative, potentially becoming the first law enforcement association in the U.S. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> to hold Bitcoin on it\u2019s balance sheet!!! <a href=\"https:\/\/t.co\/e56WPNPnZq\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/e56WPNPnZq<\/a><\/p>\n<p>\u2014 Proof of Workforce (@workforcebtc) <a href=\"https:\/\/twitter.com\/workforcebtc\/status\/1889675726233719276?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 12, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">WHPA Vice President Austin Bluemel acknowledged the association\u2019s interest in exploring Bitcoin as <\/span><span data-preserver-spaces=\"true\">both<\/span><span data-preserver-spaces=\"true\"> a network and an asset. Bluemel said that they are evaluating ways it could benefit their organization and its members.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Wyoming has already been making strides in Bitcoin adoption. Recently, the state introduced a strategic Bitcoin reserve bill that would allocate up to 3% of its state funds to Bitcoin. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Under the proposed law, if Bitcoin investments exceed the 3% limit, the state treasurer is not authorized to sell off holdings to comply with the rule.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Other states, including Arizona, Illinois, Kentucky, Maryland, New Hampshire, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, South Dakota, Texas, and Utah, have also introduced similar Bitcoin reserve bills.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Notably, Utah has progressed the furthest. It is the only state where such a bill has passed through the House.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Dennis Porter, CEO of the Satoshi Action Fund, has suggested that Utah may be the first US state to formally adopt a Bitcoin reserve, citing its short legislative calendar and strong political support for digital assets.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">20+ states working on Strategic Bitcoin Reserve legislation. Promises made. Promises kept. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/2FVx2e5w5E\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/2FVx2e5w5E<\/a><\/p>\n<p>\u2014 Dennis Porter (@Dennis_Porter_) <a href=\"https:\/\/twitter.com\/Dennis_Porter_\/status\/1889030006464204891?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 10, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/analysis\/crypto-forecast-best-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">University Of Austin To Launch $5M Bitcoin Fund<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The University of Austin is\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/news\/university-of-austin-to-launch-5m-bitcoin-fund-as-part-of-200m-endowment\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">launching a $5 million<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0Bitcoin fund as part of its $200 million endowment.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Notably, the precedent is set by Emory University. In a regulatory filing last October, it was disclosed that over $15 million in Bitcoin was invested\u00a0through Grayscale\u2019s spot Bitcoin exchange-traded fund (ETF).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Beyond university endowments, cryptocurrency is gaining traction in the retirement sector as well. A recent\u00a0<\/span><em><span data-preserver-spaces=\"true\">Bitget Research<\/span><\/em><span data-preserver-spaces=\"true\"> report revealed that up to 20% of Generation Z and Generation Alpha are open to receiving pensions in cryptocurrency.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">15 New &amp; Upcoming Coinbase Listings to Watch in 2025<\/span><\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<p><span style=\"font-weight: 400\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">The Wyoming Highway Patrol Association is exploring Bitcoin adoption through the \u201cGet Off Zero\u201d program.<\/span>    <\/li>\n<p>    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">If approved, WHPA would be the first U.S. law enforcement association to add Bitcoin to its balance sheet.<\/span>    <\/li>\n<p>    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <span data-preserver-spaces=\"true\">Wyoming\u2019s broader Bitcoin-friendly stance includes a proposed state Bitcoin reserve bill allocating up to 3% of state funds.<\/span>    <\/li>\n<p>    <\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/wyoming-highway-patrol-association-explores-bitcoin-adoption-for-its-balance-sheet\/\">Wyoming Highway Patrol Association Explores Bitcoin Adoption for Its Balance Sheet<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Wyoming Highway Patrol Association (WHPA), a nonprofit organization that supports troopers, dispatchers, and civilian staff, is considering adding Bitcoin to its balance sheet. The initiative is being pursued in collaboration with Proof of Workforce\u2019s \u201cGet Off Zero\u201d program. It aims to educate labor unions and pension funds about Bitcoin\u2019s potential benefits. On 12 February [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12867","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12867"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12867\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}