Bitcoin

Columbus

Steve

Reserve

<h4 data-pm-slice="1 1 []"><strong>House Bill 1203 (<a href="https://legiscan.com/OK/text/HB1203/id/3084003" target="_blank" rel="noopener">HB1203</a>), known as the Strategic Bitcoin Reserve bill, has just passed the House vote. It secured a strong 77-15 majority.</strong></h4> 
<p data-pm-slice="1 1 []">If this bill becomes law, Oklahoma could become the first U.S. state to invest part of its public funds in Bitcoin.</p> 
<h5><strong>Oklahoma Eyes Bitcoin Reserve to Hedge Against Inflation</strong></h5> 
<p>HB1203 would allow Oklahoma to allocate up to 10% of its public funds into Bitcoin or other digital assets with a market cap of at least $500 billion. Right now, Bitcoin is the only cryptocurrency that meets this requirement. Supporters say this could be a game-changer for the state’s financial future.</p> 
<p>With rising concerns over inflation and the weakening dollar, Oklahoma lawmakers are looking for new ways to preserve the state’s wealth. <a href="https://www.altcoinbuzz.io/?s=bitcoin" target="_blank" rel="noopener">Bitcoin</a> is often called “digital gold” because of its limited supply and decentralized nature. Advocates believe it could act as a hedge against economic downturns.</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en">JUST IN: <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> Oklahoma House passes Strategic Bitcoin Reserve Bill HB 1203</p> 
 <p>Voted 77-15 in favor.</p> 
 <p><a href="https://t.co/FwY8LvxpMu">pic.twitter.com/FwY8LvxpMu</a></p> 
 <p>— Simply Bitcoin (@SimplyBitcoinTV) <a href="https://twitter.com/SimplyBitcoinTV/status/1904360808353571273?ref_src=twsrc%5Etfw">March 25, 2025</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>HB1203 now heads to the Oklahoma Senate for further debate. If it passes there and gets the governor’s approval, Oklahoma will officially join the growing list of governments embracing Bitcoin.</p> 
<h5><strong>More About Bitcoin Reserve</strong></h5> 
<p>Ohio State Rep. <a href="https://x.com/steve4ohiohouse" target="_blank" rel="noopener">Steve Demetriou</a> has announced his efforts to bring Bitcoin into the state’s financial strategy. He stated, “I’m working hard in Columbus to establish a Bitcoin Reserve,” signaling a push for Ohio to follow in the footsteps of states like Oklahoma.</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en">JUST IN: <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> Ohio State Rep Steve Demetriou said “I’m working hard in Columbus to establish a Bitcoin Reserve.” <a href="https://t.co/EanPKThlCd">pic.twitter.com/EanPKThlCd</a></p> 
 <p>— Bitcoin Magazine (@BitcoinMagazine) <a href="https://twitter.com/BitcoinMagazine/status/1904294798724362464?ref_src=twsrc%5Etfw">March 24, 2025</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>As more lawmakers explore Bitcoin as a hedge against inflation and economic uncertainty, Demetriou’s initiative could position Ohio at the forefront of digital asset adoption in state reserves.</p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/oklahoma-house-passes-bitcoin-reserve-bill/">Oklahoma House Passes Bitcoin Reserve Bill</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Oklahoma House Passes Bitcoin Reserve Bill

Altcoin Buzz

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