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Ohio Considers Bill to Create Strategic Crypto Reserve Using State Funds

From financefeeds.com

With House Bill 18, commonly known as the Ohio Strategic Bitcoin Reserve Act, Ohio is about to become a leader in bitcoin investment. The initiative, which was introduced by Representative Steve Demetriou, intends to include digital assets in the state’s financial plan. This would let public funds and retirement systems invest in cryptocurrencies and exchange-traded products. House Bill 18 gives the state Treasurer the power to handle investments in digital assets. The bill stresses openness and flexibility. The law doesn’t name any specific cryptocurrencies, so the Treasurer can choose assets based on how the market ... (full story)

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