2024 was big for bitcoin. States could see a crypto policy blitz in 2025 in spite of the risks

HARRISBURG, Pa. (AP) — The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses that, together, could push states to become more open to crypto and for public pension funds and treasuries to buy into it.

Proponents of the uniquely volatile commodity argue it is a valuable hedge against inflation, similar to gold.

Many bitcoin enthusiasts and investors are quick to criticize government-backed currencies...