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Oklahoma House Passes Bitcoin Reserve Bill with a 77-15 Vote

  • The Oklahoma House of Representatives has passed House Bill 1203, known as the Strategic Bitcoin Reserve Act, with a 77-15 vote.
  • The bill allows up to 10% of public funds in Oklahoma to be allocated to Bitcoin or other digital assets with a market capitalization over $500 billion.
  • The purpose of the bill is to diversify Oklahoma's financial portfolio and safeguard against inflation.
  • Similar bills have been proposed or passed in other states like Pennsylvania, Texas, Ohio, New Hampshire, and Wyoming.

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