Catenaa, Wednesday, January 15, 2025 – The Satoshi Action Fund (SAF) has raised $300,000 of its $500,000 goal, with two weeks remaining in its campaign, according to CEO Dennis Porter.
The nonprofit aims to shape Bitcoin-friendly policies at both state and federal levels to secure Bitcoin’s role in the US economy and regulatory frameworks.
SAF has played a pivotal role in advancing Bitcoin-related legislation, successfully passing four out of 20 proposed bills.
The organization has engaged with over 2,000 lawmakers and participated in more than 20 public hearings to emphasize Bitcoin mining’s potential for grid stability, sustainability, and economic benefits.
Key among SAF’s efforts is advocating for a US strategic Bitcoin reserve. The proposal, supported by Senator Cynthia Lummis and former President Donald Trump, highlights the growing political backing for Bitcoin adoption.
SAF continues to collaborate with policymakers and stakeholders to foster technological innovation and economic growth while addressing regulatory challenges.
Porter’s announcement underscores SAF’s commitment to creating a favorable environment for Bitcoin, opposing restrictive policies, and promoting the cryptocurrency as a tool for societal and economic advancement.
