Pennsylvania
Pennsylvania Passes Bitcoin Rights Bill, Proposes Strategic Reserve
Pennsylvania State Capitol, the seat of government for the U.S. state of Pennsylvania, located in … [+]
Pennsylvania is stepping into the digital future with bold legislation aimed at solidifying its role as a leader in the emerging digital asset economy. On October 23, 2024, the Pennsylvania House of Representatives passed House Bill 2481—dubbed the “Bitcoin Rights” bill by Dennis Porter, co-founder of the Satoshi Action Fund—with a decisive 176–26 bipartisan vote. This legislation positions Pennsylvania among states at the forefront of digital asset regulation and underscores its commitment to fostering innovation in the sector while addressing critical issues like economic empowerment and financial inclusion.
House Bill 2481 enshrines the rights of individuals and businesses to self-custody digital assets, operate blockchain nodes, and conduct transactions without interference from restrictive municipal ordinances. Sponsored by Rep. Mike Cabell (R-Luzerne) and supported by bipartisan vote, the bill reflects a growing recognition across party lines of blockchain technology’s transformative potential.
The vote also revealed divisions within the Democratic Party, with all 26 opposing votes coming from Democratic representatives. Nevertheless, prominent members of the Democratic party, including Majority Leader Joanna McClinton (D-Phila/Delaware) and Rep. Malcolm Kenyatta (D-Phila), backed the measure highlighting its potential to stimulate economic growth and expand opportunities for underserved communities. Their support signals a broader acknowledgment of blockchain’s role in empowering marginalized groups through equitable access to financial tools.
Building On Momentum: Strategic Bitcoin Reserve Act
Following the passage of HB 2481, Republican Representatives Mike Cabell and Aaron Kaufer introduced HB 2664 (the Strategic Bitcoin Reserve Act) on November 14, 2024. If enacted, this legislation would enable the state treasurer to allocate up to 10% of Pennsylvania’s General Fund, Rainy Day Fund, and State Investment Fund into bitcoin and crypto-based exchange-traded products (ETPs), as explained in the bill’s legislative memo. This could mean an investment of up to $970 million in bitcoin, leveraging its potential as both a hedge against inflation and a long-term growth asset, as reported by DeCrypt.
The Strategic Bitcoin Reserves Debate
The introduction of Pennsylvania’s Strategic Bitcoin Reserve Act aligns with a broader conversation about government-held cryptocurrency reserves, echoing national debates sparked by Wyoming Senator Cynthia Lummis and the Trump administration’s proposal for a U.S. strategic bitcoin reserve. The state-level initiative reflects Pennsylvania’s proactive stance, but it has also reignited concerns about the potential risks of investing public funds in bitcoin.
Proponents Highlight Benefits
Proponents argue that bitcoin’s decentralized nature and fixed supply make it a strong hedge against inflation and an asset comparable to gold. As Satoshi Action Fund CEO Dennis Porter noted in a recent CryptoSlate article, “Bitcoin aligns incentives. When incentives align, we all win.” Advocates highlight Bitcoin’s significant appreciation over time and its growing acceptance among financial institutions as a store of value.
Supporters believe the Strategic Bitcoin Reserve Act could enhance fiscal stability by diversifying the state’s investments. The proposal mirrors broader efforts in states like Wyoming, where Lummis has championed bitcoin’s inclusion in national reserves, describing it as a safeguard against dollar devaluation and economic volatility.
Critics Raise Concerns
Despite its potential benefits, the concept of holding bitcoin in government reserves faces substantial criticism. Skeptics, including financial analysts and environmental advocates, point to the cryptocurrency’s extreme price volatility as a major risk. Bitcoin’s historical price swings—both surging and plummeting within short periods—raise questions about the stability of using it to back state or national funds.
Additionally, critics highlight security vulnerabilities in holding digital assets. High-profile breaches of institutional-grade storage solutions have underscored the risks of cyberattacks, which could make bitcoin reserves a target for bad actors. Environmental concerns related to bitcoin mining’s energy consumption further fuel opposition to public investment in the asset.
These concerns underscore parallels between Pennsylvania’s debate and the national critique of the Trump administration’s rumored executive order to formalize a U.S. bitcoin reserve. Critics have questioned whether introducing bitcoin into government holdings would expose the economy to unnecessary risk and divert resources from more stable investments. The outcome of this legislation could set a precedent, not only for other states but also for shaping the broader discourse on digital assets in fiscal policy.
Bipartisan Innovation In Action
Pennsylvania’s recent actions stand out in a national landscape often marked by federal gridlock and partisan divides on crypto policy. The state’s forward-looking approach mirrors pioneering efforts in Wyoming, Texas, and Florida. The bipartisan support for HB 2481 and subsequent legislative proposals like the Strategic Bitcoin Reserve Act demonstrate the economic promise lawmakers on both sides of the aisle see in blockchain technology. By codifying the rights of digital asset holders and creating a framework for state-level investment in crypto, Pennsylvania is charting a path that other states can follow.
Why Pennsylvania’s Leadership Matters
Pennsylvania’s legislation arrives at a critical moment for the digital asset ecosystem. With the most pro-crypto presidency and Congress in U.S. history set to take office in 2025, states like Pennsylvania have a unique opportunity to shape national policy from the ground up. The Commonwealth’s decisive actions on HB 2481 and the proposed Strategic Bitcoin Reserve Act signal to businesses, investors, and policymakers that Pennsylvania is open for innovation.
HB 2481 is more than a regulatory milestone—it is a strategic move to attract fintech companies, blockchain developers, and digital asset investors. The Pennsylvania Chamber of Business and Industry has expressed strong support, emphasizing that the state’s clear stance on digital assets provides the regulatory certainty businesses need to innovate responsibly.
Beyond its economic implications, the legislation reflects an understanding of blockchain’s potential to drive financial inclusion. Decentralized financial tools can reduce barriers for underbanked communities, empowering individuals and small businesses with access to innovative financial services. Pennsylvania’s proactive approach ensures that these benefits are accessible to all, positioning the state as a model for equitable digital asset adoption.
A New Blueprint For State-Led Innovation
The impact of Pennsylvania’s leadership extends far beyond its borders. In the absence of comprehensive federal regulation, states have emerged as laboratories for blockchain policy, testing innovative approaches to digital asset management. From Wyoming’s recognition of decentralized autonomous organizations (DAOs) to Florida’s integration of digital assets into its regulatory framework, state-led initiatives are shaping the future of the U.S. digital economy.
Pennsylvania’s efforts build on this momentum, offering a clear roadmap for other states. By fostering a crypto-friendly environment, the Commonwealth is not only boosting its own economic competitiveness but also contributing to a broader movement that could influence federal policy. As blockchain technology continues to redefine global finance, states that embrace innovation now will be well-positioned to lead in the years to come.
Stepping Into The Digital Future
Pennsylvania’s recent legislative efforts demonstrate a pragmatic approach to navigating the complexities of blockchain technology and digital assets. The passage of HB 2481 and the introduction of the Strategic Bitcoin Reserve Act highlight the Commonwealth’s focus on creating a clear regulatory framework while fostering innovation and economic growth.
By addressing both opportunities and challenges in this rapidly evolving space, Pennsylvania offers a practical model for other states to consider. Its actions underscore the growing role of state governments in shaping the future of the digital economy and ensuring its benefits reach residents and businesses alike. As the legislative process continues, Pennsylvania’s leadership may serve as a valuable reference point for balancing innovation with inclusivity and economic resilience.
Pennsylvania
Here’s what to try at this year’s Pennsylvania Farm Show food court
Follow reporter eating his way through the 2026 PA Farm Show show food
Reporter Jack Gleckler eats his way through the 2026 PA Farm Show show food court preview to find his favorites in burgers, perogies, mushrooms and more.
As we were sequestered around the Expo Hall and Main Hall at the Pennsylvania Farm Show Complex and Expo Center, guided by Pennsylvania Secretary of Agriculture Russell Redding and a Benjamin Franklin re-enactor Bill Robling, my mind began to wander to food.
Thursday marked my inaugural visit to the annual Pennsylvania Farm Show in Harrisburg, the 110th iteration the expo and one that coincided with the 250th anniversary of the Untied States’ founding. While I and York Daily Record photographer Paul Kuehnel joined a flock of other reporters for the Farm Show’s preview, we were treated to a taste of many of the foods, both new and returning, that would be offered to visitors in the sprawling food court inside the Expo Hall.
Considering I hadn’t had breakfast that morning, I was willing to oblige.
With such an anniversary on the horizon, the Pennsylvania Dairyman’s Association unveiled a flight of red, white and blue milkshake flavors. Newer additions to the menu including pickle pizza from the Pennsylvania FFA and Lion’s Mane coffee from the Pennsylvania Mushroom Farmers, among others.
Here are some of the items the preview provided, as well as what to try when the food court opens at noon on Jan. 9.
Lion’s Mane Mushroom Coffee
Mushrooms are a major cash crop for Pennsylvania, with nearly 60 percent of U.S. production of the crop running through the commonwealth. Lion’s Mane mushrooms, especially, have been linked to brain health benefits thanks to anti-inflammatory and antioxidant compounds, according to a published paper by the journal Nutrients.
The coffee itself is a dark roast blended with ground Lion’s Mane mushrooms, and the flavor provides a slight, hearty twang to its benefit. Considering I hadn’t had my own coffee that morning, it provided me with an immediate jolt of energy.
Pierogi
Fun fact: pierogi is plural! A classic done right by the PA Cooperative Potato Growers, Inc., the pierogi are soft, chewy and contain a starchy potato filling that satisfies any craving but doesn’t weigh you down. The pierogi also come with grilled onions on top, which adds a savory boost to keep you wanting more.
Blended Mushroom Steakhouse Burger
Piled high with a mix of mushrooms grown right in Pennsylvania and a slathering of Alabama barbecue sauce, the Pennsylvania Mushroom Farmers offer a burger with a twist. The patty itself is 75 percent grass-fed beef, 25 percent mushroom, and it works. The burger retains the flavor of a traditional all-beef patty while keeping in style with the Pennsylvania Mushroom Farmers’ mission to introduce the state’s cash crop to a variety of dishes. And the Alabama barbecue sauce provides a twang to the ensemble.
Stuffed Baby Bella Mushrooms
Returning to the menu provided by the Pennsylvania Mushroom Farmers, you are provided with four bite-sized mushrooms that come in two flavors: artichoke and spinach and bacon and cheese.
The mushrooms are an excellent snack or starter for the Farm Fest, filled with flavor and firm enough to burst with juices after your first bite.
Potato Doughnut
The granddaddy of them all and a Farm Show staple, the potato doughnut makes its return in its three traditional flavors: plain, powdered and cinnamon sugar. It’s not as flaky as a traditional doughnut, and not as heavy either.
Red, White and Blue Milkshakes
With the 250th anniversary of the United States’ founding, the The Pennsylvania Dairyman’s Association, a vendor with the Farm Show since 1955, saw fit to roll out a milkshake flight of red, white and bBlue milkshakes to ring in the sestercentennial. The white is a normal vanilla flavor, the red is strawberry and the blue is a raspberry flavor.
The Dairyman’s Association has also made an intentional move this year away from artificial dyes in their milkshakes, shifting to natural dyes to provide the color.
Dave Smith, executive director of the Pennsylvania Dairyman’s Association, said the move had been a goal of the Dairyman’s Association ahead of the nation’s 250th anniversary.
“That was one of my priorities, to figure out how we could do something like that,” Smith said. “What we found is that (the colors) are not as distinct as what they would have been if they were artificial. It’s more subtle.”
This shift doesn’t affect the flavor one bit. All three options are sweet, thick and delicious, as to be expected.
Plan your trip to the Pennsylvania Farm Show
For more information about the Farm Show, check out the full schedule of events here. The food court opens to the public on Jan. 9 from noon until 9 p.m. with the bulk of the expo running from Jan. 10-17.
Pennsylvania
Pennsylvania launches new website to combat human trafficking | StateScoop
The Pennsylvania Commission on Crime and Delinquency on Thursday launched a new website aimed at preventing human trafficking and better supporting victims by bringing together resources for first responders, social service providers and members of the public.
The announcement came during Human Trafficking Prevention Month at a roundtable discussion in Philadelphia that included state and local officials, advocates, social service providers and survivors.
The new website, developed with Villanova University’s Institute to Address Commercial Sexual Exploitation, provides trauma-informed training materials, guidance on recognizing warning signs of trafficking and information on how to report suspected cases.
“The fight against trafficking begins with coordination and working together to raise awareness of the warning signs, making sure people know where and how to report, strengthening support for survivors, and holding perpetrators accountable,” Kathy Buckley, director of PCCD’s Office of Victims’ Services, said in a press release.
Human trafficking is the crime of using force, fraud or coercion to induce another person to perform labor or sex acts.
According to the Philadelphia Anti-Trafficking Coalition, the number of identified trafficking survivors in the region increased by 23% in 2025 compared to the previous year. The organization cites housing, food assistance, medical care and counseling among the most common needs for survivors
“That’s the goal of our new website and the purpose of this conversation today, shining a light on organizations leading this work and ensuring that all across Pennsylvania, every individual knows there are people and resources dedicated to combating all forms of exploitation,” Buckley said.
According to the National Conference of State Legislatures, 26 states have enacted legislation creating human-trafficking task forces, study groups or similar coordination efforts. Eight of those states — Colorado, Florida, Illinois, Kentucky, Maryland, Minnesota, Missouri and Rhode Island apply to sex trafficking only, while the others target both labor and sex trafficking.
In 2019, researchers in the Biotechnology and Human Systems studies at the Massachusetts Institute of Technology released a Human Trafficking Technology Roadmap aimed at helping federal, state and local agencies to better identify, investigate and prosecute trafficking cases. The report’s recommendations include building tools that automatically analyze large amounts of data, establishing centralized collections of evidence templates and trafficking “signatures,” and developing shared computing systems for law enforcement and courts.
Pennsylvania’s new website builds on efforts by the administration of Gov. Josh Shapiro, who announced his reelection bid Thursday, to combat human trafficking. Those include spending $14 million over the past two budget cycles on the Victims Compensation Assistance Program and moving the state’s Anti-Human Trafficking Workgroup under PCCD’s leadership. That group now focuses on training, law enforcement coordination, victim services and public awareness.
Pennsylvania
Josh Shapiro to run for second term as Pennsylvania governor, trailed by talk of a 2028 White House bid – The Boston Globe
Ever since he won the governor’s office in a near-landslide victory in 2022, Shapiro has been mentioned alongside Democratic contemporaries like California Gov. Gavin Newsom, Illinois Gov. JB Pritzker, Maryland Gov. Wes Moore and others as someone who could lead a national ticket.
Shapiro, 52, has already made rounds outside Pennsylvania. Last year, he campaigned for Democrats running for governor in New Jersey and Virginia, and he’s a frequent guest on Sunday talk shows that can shape the country’s political conversation.
He was also considered as a potential running mate for Kamala Harris in 2024. She chose Minnesota Gov. Tim Walz instead.
A pivotal first term as governor
Shapiro’s first-term repeatedly put him in the spotlight.
He was governor when Pennsylvania was the site of the first attempted assassination of President Donald Trump; the capture of Luigi Mangione for allegedly killing United Healthcare chief executive Brian Thompson; and the murder of three police officers in the state’s deadliest day for law enforcement since 2009.
Last year, an arsonist tried to kill Shapiro by setting the governor’s official residence on fire in the middle of the night. Shapiro had to flee with his wife, children and members of his extended family, and the attack made him a sought-out voice on the nation’s recent spate of political violence.
As Shapiro settled into the governor’s office, he shed his buttoned-down public demeanor and became more plain-spoken.
He pushed to quickly reopen a collapsed section of Interstate 95 in Philadelphia, debuting his new and profane governing slogan — “get s—- done” — at a ceremony for the completed project.
He crossed the partisan divide over school choice to support a Republican-backed voucher program, causing friction with Democratic lawmakers and allies in the state.
Shapiro regularly plays up the need for bipartisanship in a state with a politically divided Legislature, and positioned himself as a moderate on energy issues in a state that produces the most natural gas after Texas.
He’s rubbed elbows with corporate executives who are interested in Pennsylvania as a data center destination and thrust Pennsylvania into competition for billions of dollars being spent on manufacturing and artificial intelligence infrastructure.
A repeat winner in competitive territory
Shapiro has enjoyed robust public approval ratings and carries a reputation as a disciplined messenger and powerhouse fundraiser.
He served two terms as state attorney general before getting elected governor, although his 2022 victory wasn’t the strongest test of his political viability. His opponent was state Sen. Doug Mastriano, whose right-wing politics alienated some Republican voters and left him politically isolated from the party’s leadership and donor base.
For 2026, Pennsylvania’s Republican Party endorsed Stacy Garrity, the twice-elected state treasurer, to challenge Shapiro.
Garrity has campaigned around Pennsylvania and spoken at numerous Trump rallies in the battleground state, but she is untested as a fundraiser and will have to contend with her relatively low profile as compared to Shapiro.
Shapiro, meanwhile, keeps a busy public schedule, and has gone out of his way to appear at high-profile, non-political events like football games, a NASCAR race and onstage at a Roots concert in Philadelphia.
He is a regular on TV political shows, podcasts and local sports radio shows, and he keeps a social media staff that gives him a presence on TikTok and other platforms popular with Gen Z. He even went on Ted Nugent’s podcast, a rocker known for his hard-right political views and support for Trump.
Shapiro also became a leading pro-Israel voice among Democrats and Jewish politicians amid the Israel-Hamas war. He confronted divisions within the Democratic Party over the war, criticized what he describes as antisemitism amid pro-Palestinian demonstrations, and expressed solidarity with Israel in its drive to eliminate Hamas.
In 2024, some activists argued against him being the party’s nominee for vice president. Harris, in her recent book, wrote that she passed on Shapiro after determining that he wouldn’t be a good fit for the role.
Shapiro, she wrote, “mused that he would want to be in the room for every decision,” and she “had a nagging concern that he would be unable to settle for a role as number two and that it would wear on our partnership.” Shapiro disputed the characterization, telling The Atlantic that Harris’ accounts were ”blatant lies” and later, on MS NOW, said it “simply wasn’t true.”
An audition on 2026’s campaign trail
In a September appearance on NBC News’ “Meet the Press,” the host, Kristen Welker, asked him whether he’d commit to serving a full second term as governor and whether he’d rule out running for president in 2028.
“I’m focused on doing my work here,” he said in sidestepping the questions.
His supposed White House aspirations — which he’s never actually admitted to in public — are also mentioned frequently by Garrity.
“We need somebody that is more interested in Pennsylvania and not on Pennsylvania Avenue,” Garrity said on a radio show in Philadelphia.
For his part, Shapiro criticizes Garrity as too eager to get Trump’s endorsement to be an effective advocate for Pennsylvania.
In any case, the campaign trail could afford Shapiro an opportunity to audition for a White House run.
For one thing, Shapiro has been unafraid to criticize Trump, even in a swing state won by Trump in 2024. As governor, Shapiro has joined or filed more than a dozen lawsuits against Trump’s administration, primarily for holding up funding to states.
He has lambasted Trump’s tariffs as “reckless” and “dangerous,” Trump’s threats to revoke TV broadcast licenses as an “attempt to stifle dissent” and Trump’s equivocation on political violence as failing the “leadership test” and “making everyone less safe.”
In a recent news conference he attacked Vice President JD Vance — a potential Republican nominee in 2028 — over the White House’s efforts to stop emergency food aid to states amid the federal government’s shutdown.
Many of Shapiro’s would-be competitors in a Democratic primary won’t have to run for office before then.
Newsom is term-limited, for instance. Others — like ex-Transportation Secretary Pete Buttigieg — aren’t in public office. A couple other governors in the 2028 conversation — Moore and Pritzker — are running for reelection this year.
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