atlas21 on Nostr: 🇺🇸 Strategic Bitcoin Reserve proposed in Oklahoma Representative Cody Maynard ...
🇺🇸 Strategic Bitcoin Reserve proposed in Oklahoma
Representative Cody Maynard has introduced House Bill HB1203, known as the “Strategic Bitcoin Reserve Act,” to the Oklahoma House of Representatives.
Maynard stated:
"Bitcoin cannot be manipulated or created by government entities. It is the ultimate store of value for those who believe in financial freedom and sound money principles."
The proposal would allow state pension funds and savings accounts to allocate up to 10% of the total size of public funds to Bitcoin.
The bill will be considered in the upcoming legislative session, starting on February 3. If approved, it will take effect on November 1.
The Atlas21 article. ⬇️
https://atlas21.com/oklahoma-considers-adopting-bitcoin-as-a-state-strategic-reserve/
Representative Cody Maynard has introduced House Bill HB1203, known as the “Strategic Bitcoin Reserve Act,” to the Oklahoma House of Representatives.
Maynard stated:
"Bitcoin cannot be manipulated or created by government entities. It is the ultimate store of value for those who believe in financial freedom and sound money principles."
The proposal would allow state pension funds and savings accounts to allocate up to 10% of the total size of public funds to Bitcoin.
The bill will be considered in the upcoming legislative session, starting on February 3. If approved, it will take effect on November 1.
The Atlas21 article. ⬇️
https://atlas21.com/oklahoma-considers-adopting-bitcoin-as-a-state-strategic-reserve/