OKLAHOMA CITY (KSWO) – The Bitcoin Reserve Act was introduced today by Okla. Rep., Cody Maynard.
The Strategic Act would ensure Oklahoma is prepared for a future where digital assets play a pivotal role in the global economy.
Maynard said it would allow Oklahoma’s state savings accounts and pension funds to invest in digital assets like Bitcoin.
The investments would be managed to meet the needs of fund managers, generate reliable returns for citizens, and safeguard purchasing power against inflationary pressures.
The bill will be eligible for consideration in the upcoming legislative session. If enacted, it would become effective Nov. 1.
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