CandleFocus Oklahoma’s Bitcoin reserve bill passes State House vote amidst BTC price crash
2025-02-26
Author: Content Editor
Oklahoma's Strategic Bitcoin Reserve Bill has cleared a major hurdle and is heading towards a full vote after passing in the state's House Committee. The bill, known as House Bill 1203, would allow the state treasury to invest 10% of its public funds into Bitcoin or other digital assets. Despite Bitcoin recently falling below $90,000 for the first time since November 2024, the bill has gained traction. Oklahoma is now the latest U.S. state to move forward with a Bitcoin reserve bill, with at least 25 other states also considering similar legislation.
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