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tldr; Oklahoma is considering a bill to establish a strategic Bitcoin reserve, following a trend among several states. Proposed by Republican Representative Cody Maynard, the legislation would allow state savings accounts and pension funds to invest in digital assets like Bitcoin, starting in November. The bill permits investment in digital assets with a market cap over $500 billion, currently only met by Bitcoin. The initiative aligns with President Trump’s vision for digital assets, aiming to diversify reserves and promote financial stability.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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In DJ Khaleds voice: “And another one!”
The race to not be the last has just started. Loser the last one!
tldr; Oklahoma is considering a bill to establish a strategic Bitcoin reserve, following a trend among several states. Proposed by Republican Representative Cody Maynard, the legislation would allow state savings accounts and pension funds to invest in digital assets like Bitcoin, starting in November. The bill permits investment in digital assets with a market cap over $500 billion, currently only met by Bitcoin. The initiative aligns with President Trump’s vision for digital assets, aiming to diversify reserves and promote financial stability.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.