Dennis Porter, co-founding father of the Satoshi Creep Fund, announced on X that the Oklahoma Relate Commission has passed the HB 1203 “Strategic Bitcoin Reserve” invoice.
BREAKING: A invoice to ascertain a ‘Strategic Bitcoin Reserve’ has lawful passed out of committee in Oklahoma. 🇺🇸
— Dennis Porter (@Dennis_Porter_) February 11, 2025
The philosophize’s Strategic Bitcoin Reserve invoice passed the committee stage by a vote of 6 to 2 and has improved to a floor vote. Every Arizona and Oklahoma’s Bitcoin reserve bills are on the same stage within the support of Utah.
Oklahoma and Arizona’s Bitcoin Reserve bills are now on the same stage, lawful within the support of Utah. pic.twitter.com/Wv7OeG6JWj
— Bitcoin Guidelines (@Bitcoin_Laws) February 11, 2025
Presented by Representative Cody Maynard on January 15, 2024, Home Invoice 1203 would let the philosophize’s savings accounts and pension funds make investments in Bitcoin alongside extinct resources. Maynard acknowledged that Bitcoin is “freedom from bureaucrats printing away our procuring strength,” and mentioned that it brings financial balance for the the residents of the philosophize and protects their money from inflation.
Texas is already pushing forward with its Bitcoin reserve. Pennsylvania also proposed allocating 10% of the philosophize’s overall and emergency funds to Bitcoin earlier in November. On the assorted hand, North Dakota is sorting out the waters with a resolution supporting Bitcoin.
