ADIL 🦂 丰 ₿ ⚡ on Nostr: Oklahoma Advances #Bitcoin Reserve Bill, One Step Closer To Law Oklahoma’s House ...
Oklahoma Advances #Bitcoin Reserve Bill, One Step Closer To Law
Oklahoma’s House Bill 1203, which proposes a Strategic Bitcoin Reserve, has passed committee approval with a 6-2 vote, moving closer to becoming law. The bill, introduced by Representative Cody Maynard, would allow state savings accounts and pension funds to invest in Bitcoin alongside traditional assets, aiming to provide financial stability and inflation protection.
With Arizona and Utah pursuing similar initiatives, Oklahoma’s move highlights a growing trend of states embracing Bitcoin as a strategic asset. The bill now heads to a floor vote, where further legislative approval could position Oklahoma at the forefront of Bitcoin-based financial policy.
Oklahoma’s House Bill 1203, which proposes a Strategic Bitcoin Reserve, has passed committee approval with a 6-2 vote, moving closer to becoming law. The bill, introduced by Representative Cody Maynard, would allow state savings accounts and pension funds to invest in Bitcoin alongside traditional assets, aiming to provide financial stability and inflation protection.
With Arizona and Utah pursuing similar initiatives, Oklahoma’s move highlights a growing trend of states embracing Bitcoin as a strategic asset. The bill now heads to a floor vote, where further legislative approval could position Oklahoma at the forefront of Bitcoin-based financial policy.