• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Goldman Sachs Increases Bitcoin ETF Holdings to $2.05 Billion

    Goldman Sachs Increases Bitcoin ETF Holdings, Surpasses BlackRock

    Coinbase Rejects Saylor’s Bitcoin Balance Sheet Strategy

    Robert Kiyosaki Predicts Bitcoin Surge Amid Economic Warnings

    Conor McGregor Advocates for Ireland’s Bitcoin Reserve Establishment

    Conor McGregor Advocates for Irish Bitcoin Reserve

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Ripple’s CTO Advocates Zero-Knowledge Proofs for Future Blockchain Innovation

    BlackRock Files Amended S-1 for Ethereum Spot ETF

    TRUMP Coin Team Sells Millions in Market Surge

    Solana Eyes Major Price Rally by 2025 Amid Key Developments

    BlackRock Acquires $18.9 Million in Ethereum

    XRP’s Market Rally Gains Momentum Amid Regulatory Clarity

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Oklahoma House Passes Strategic Bitcoin Reserve Act

Solomon M. by Solomon M.
March 25, 2025
in Bitcoin News
Key Points:

  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • Oklahoma to invest in Bitcoin reserves.
  • Effort to boost state’s financial freedom.

the-strategic-bitcoin-reserve-act-in-oklahoma-a-groundbreaking-step
The Strategic Bitcoin Reserve Act in Oklahoma: A Groundbreaking Step

The Oklahoma House of Representatives has passed the Strategic Bitcoin Reserve Act on March 24, 2025, in Oklahoma City, with a vote of 77 to 15.

The bill’s passage signifies a major move towards embracing cryptocurrency, emphasizing the state’s push for financial innovation. This act could considerably influence both state policies and the national conversation surrounding digital currencies.

Overview

Oklahoma legislators voted in favor of creating a Strategic Bitcoin Reserve, setting a precedent as the first U.S. state to undertake such a strategy. The bill’s author, Representative Cody Maynard, highlighted its significance in promoting financial freedom. Cody Maynard, Representative, Oklahoma House of Representatives, remarked:

“Thank you to Lt. Governor Dan Patrick for designating my bill to establish the Texas Strategic Bitcoin Reserve as one of the Senate’s top 40 priority bills. SB 21 would make our state the first to establish a Strategic Bitcoin Reserve and drive innovation, growth, and financial freedom!”

The legislation authorizes Oklahoma to invest up to 10% of public funds in Bitcoin, a significant shift in strategy, underscoring the increasing acceptance of digital assets in state investment portfolios. Bitcoin’s market capitalization exerts substantial influence on state decisions.

The potential implications could affect industries reliant on traditional banking, prompting competitors to innovate. Some experts argue this move could stabilize financial infrastructure and encourage others to explore similar strategies for enhanced economic resilience.

Analysts suggest potential long-term benefits such as diversification of assets and hedging against inflation. While the act must still be ratified by the Senate and governor, it highlights the ongoing influence of cryptocurrency on state-level economic tactics.

The integration of Bitcoin into state reserves may invite further regulations and scrutiny but might also inspire a broader adoption of blockchain technology. Previous attempts in other states indicate mixed outcomes, contributing to the complexity of predicting future scenarios.

Previous Post

Kraken Explores $1 Billion Debt Financing with Banks

Next Post

Dogecoin Foundation Establishes Official DOGE Reserve

Solomon M.

Solomon M.

Related Posts

Goldman Sachs Increases Bitcoin ETF Holdings to $2.05 Billion

by Solomon M.
May 10, 2025

Goldman Sachs boosts crypto ETF holdings, signaling institutional interest in Bitcoin and Ethereum.

Goldman Sachs Increases Bitcoin ETF Holdings, Surpasses BlackRock

by Solomon M.
May 10, 2025

Goldman Sachs surpasses BlackRock by increasing Bitcoin ETF holdings to $2.05 billion.

Coinbase Rejects Saylor’s Bitcoin Balance Sheet Strategy

by Adriana M.
May 10, 2025

Coinbase opts for conservative Bitcoin strategy, rejecting Michael Saylor's aggressive approach.

Robert Kiyosaki Predicts Bitcoin Surge Amid Economic Warnings

by Solomon M.
May 10, 2025

Robert Kiyosaki forecasts Bitcoin's rise to $200k in 2025, urging investment as economic concerns grow.

Conor McGregor Advocates for Ireland’s Bitcoin Reserve Establishment

by Solomon M.
May 10, 2025

Conor McGregor calls for Ireland Bitcoin reserve, leading to BTC market boost.

Conor McGregor Advocates for Irish Bitcoin Reserve

by Joshua T.
May 10, 2025

Conor McGregor urges Ireland to adopt a Bitcoin Strategic Reserve, shifting focus from failed crypto projects.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.