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Ohio Lawmaker Pushes For State-Level Bitcoin Reserve

Summary by FinanceFeeds
Aiming to let the state treasurer invest in Bitcoin as part of Ohio’s asset allocation plan, Ohio State Representative Derek Merrin has presented House Bill 703, sometimes known as the Ohio Bitcoin Reserve Act. By spreading the state’s investment portfolio with bitcoin holdings, this program aims to safeguard public monies from the devaluation of the U.S. dollar.  Legislative Structure for Bitcoin Funding House Bill 703 calls for a special Bitco…
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Ohio Lawmaker Pushes For State-Level Bitcoin Reserve

Aiming to let the state treasurer invest in Bitcoin as part of Ohio’s asset allocation plan, Ohio State Representative Derek Merrin has presented House Bill 703, sometimes known as the Ohio Bitcoin Reserve Act. By spreading the state’s investment portfolio with bitcoin holdings, this program aims to safeguard public monies from the devaluation of the U.S. dollar.  Legislative Structure for Bitcoin Funding House Bill 703 calls for a special Bitco…

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FinanceFeeds broke the news in on Tuesday, March 25, 2025.
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