Oklahoma State Representative Proposes Bill to Adopt Bitcoin (BTC) as Strategic Reserve Asset

Source
JH Kim

Summary

  • U.S. Oklahoma State Representative Cody Maynard reportedly proposed a bill to adopt Bitcoin (BTC) as a strategic reserve asset.
  • Cody Maynard emphasized that Bitcoin is a decentralized currency and a store of value for those who believe in financial freedom and sound money.
  • The bill is scheduled to be referred to the next legislative session on February 1st.

On the 15th (local time), according to the cryptocurrency-focused media Watcher Guru, U.S. Oklahoma State Representative Cody Maynard officially proposed the Strategic Bitcoin Reserve Act, a bill to adopt Bitcoin (BTC) as a strategic reserve asset.

Cody Maynard emphasized, "Bitcoin is a decentralized currency that cannot be manipulated or issued by government agencies," adding, "It is the ultimate store of value for those who believe in financial freedom and sound money."

The bill is scheduled to be referred to the next legislative session on February 1st (local time).

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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