Dennis Porter and the Satoshi Action Fund Drive State-Level Crypto Legislation in 2025
Dennis Porter, along with the Satoshi Action Fund, has played a significant role in influencing state cryptocurrency policy by providing model legislation that helped pass at least 10 state laws. Their strategic bitcoin reserve model was claimed to be the first of its kind to pass anywhere in the world.
In 2025, while federal efforts for a nationwide crypto reserve stalled, several states including Texas, New Hampshire, and Arizona advanced similar proposals inspired by the group's framework. The Satoshi Action Fund supported these state campaigns by supplying legislative language, testifying, lobbying, and mobilizing letters from supporters.
After operating from Portland, Oregon, Porter shifted his focus to Washington, D.C. in 2025 to advocate for crypto policy on a full-time basis. The Satoshi Action Fund positions itself as consumer- and innovation-focused, with funding largely sourced from individual supporters.
