The US states of Oklahoma and Texas have introduced bills to establish strategic Bitcoin reserves, following a trend among US lawmakers. Oklahoma proposes allocating a portion of the state's pension funds and savings accounts to Bitcoin as a hedge against inflation. Meanwhile, Texas aims to position itself at the forefront of the digital economy by establishing a strategic Bitcoin reserve. This would allow the state to collect taxes, fees, and donations in Bitcoin. Thirteen US states are currently considering Bitcoin reserve legislation, with Oklahoma becoming the sixth state to introduce such a policy. This trend marks a significant shift in the acceptance and adoption of cryptocurrency by US states.
- Content Editor ( cryptonewsz.com )
- 2025-01-16
US States Oklahoma and Texas Propose Bitcoin Reserve Bills