Yerevan, Armenia (CoinChapter.com) — The Wyoming Highway Patrol Association (WHPA) is reportedly evaluating whether to include Bitcoin (BTC) on its balance sheet. The move is part of the “Getting Rid of Zero” initiative, launched by Proof of Workforce, a Bitcoin education platform focused on unions, pension funds, and other organizations.


According to Proof of Workforce founder Dom Bei, the initiative is designed to help law enforcement officers and workers understand the potential benefits of Bitcoin. If the WHPA decides to go through with this plan, it would make it the first known law enforcement association in the United States to incorporate Bitcoin into its financial structure.

Bitcoin custody and financial planning under discussion
A portion of the Bitcoin holdings may be managed through self-custody, allowing the WHPA to control its funds without relying on a third party. Bei said Bitcoin provides workers with a stable financial tool in an unpredictable economic environment.
WHPA Vice President Austin Bluemel confirmed that the organization is considering Bitcoin as a network and asset to explore how to support its members. However, no specific details have been provided on how or when the plan will be implemented.

Wyoming Bitcoin Reserve Bill Supports Crypto Integration
Wyoming is at the forefront of Bitcoin legislation. On January 17, the state proposed a Bitcoin reserve bill that would allow up to 3% of state funds to be invested in Bitcoin. The legislation stipulates that if the market value of Bitcoin exceeds the 3% cap, the state treasurer cannot sell or reduce holdings to meet the limit.


The initiative has the full support of Senator Cynthia Loomis of Wyoming, who has long been an advocate for Bitcoin at the federal level. Loomis introduced the Bitcoin Reserve Act in July 2023 and expressed her approval of the WHPA considering Bitcoin.

“It’s pretty cool,” Loomis said.

“The goal of all of this is to help Americans have the tools to realize and protect the full value of their hard work, blood, sweat and tears,” she added.

“It’s great to see the protection of our Wyoming citizens being protected by Bitcoin. This is freedom-centric innovation.”

US states push for Bitcoin reserves
Additionally, several U.S. states have proposed Bitcoin Reserve bills, including Arizona, Illinois, Kentucky, Maryland, New Hampshire, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, South Dakota, Texas, and Utah.


Utah has made the most progress in this regard, becoming the only state with a Bitcoin Reserve bill that has passed the House of Representatives. Dennis Porter, CEO of Satoshi Action Fund, pointed to Utah’s short legislative cycle and political momentum as factors that made it the first U.S. state to adopt Bitcoin Reserve.