Summary
- An Oklahoma legislator has proposed a bill to accumulate Bitcoin as a strategic reserve for the state.
- If the bill passes, the Oklahoma State Treasury will be able to hold Bitcoin and virtual assets as state assets.
- It was emphasized that Bitcoin, as a decentralized asset, is gaining attention as a store of value and for financial freedom.
Cody Maynard, a member of the Oklahoma House of Representatives, has proposed a bill to accumulate Bitcoin (BTC) as a strategic reserve for the state.
According to The Block's report on the 16th (local time), Representative Maynard introduced 'House Bill 1203', aiming to include Bitcoin in Oklahoma's savings accounts and pension funds.
If the bill passes, the Oklahoma State Treasury will be able to hold Bitcoin, virtual assets, stablecoins, and more as state assets.
Representative Maynard emphasized, "Bitcoin, as a decentralized asset, is free from manipulation by government agencies. It will become the ultimate store of value for those who believe in financial freedom and sound capital principles."
YM Lee
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