Dennis Porter, the CEO and co-founder of the Satoshi Action Fund, has recently announced that they are open-sourcing a document for enacting Strategic Bitcoin Reserve laws internationally. This move aims to promote the adoption of Bitcoin as a form of reserve asset in various countries. Porter mentioned that several lawmakers are using the legislative model provided in the document, and an executive order implementing the same could be on its way.
In summary, the Satoshi Action Fund is working towards promoting the adoption of Strategic Bitcoin Reserve laws internationally through open-sourcing a legislative model document. This move will potentially help countries incorporate Bitcoin as a reserve asset in their financial systems.