Summary
- The Bitcoin Strategic Reserve Bill in Oklahoma, United States has passed the House committee.
- The bill primarily focuses on investing up to 10% of public funds in Bitcoin and cryptocurrencies with a market capitalization of over $500 billion.
- Following the House committee passage, the bill will soon proceed to a floor vote.
The Bitcoin (BTC) Strategic Reserve Bill (HB 1203) has passed the House committee in Oklahoma, United States.
On the 25th (local time), Solid Intel announced via X that "The Oklahoma House Committee has passed the Bitcoin Strategic Reserve Bill" and added that "a floor vote on the bill will begin soon." The bill passed with 12 votes in favor and 2 votes against.
Meanwhile, Oklahoma's Bitcoin reserve bill primarily focuses on investing up to 10% of public funds in Bitcoin and cryptocurrencies with a market capitalization of over $500 billion.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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