News list for "Oklahoma House Committee"

Oklahoma Senate Committee Votes to Reject Bitcoin Reserve Proposal

The Oklahoma Senate Revenue Committee narrowly rejected House Bill 1203 (also known as the Strategic Bitcoin Reserve Act) by a margin of 6-5. HB1203, introduced by Rep. Cody Maynard in January, allows the Oklahoma Treasury Secretary to invest in bitcoin and other eligible digital assets. An eligible digital asset is defined as any asset that has a market cap of more than $500 billion in the past year. Currently, only bitcoin meets this threshold. Earlier commissioners...

clock
2025-04-16 08:44:16
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.