Oklahoma’s Bitcoin Reserve Bill Passes State Heach Glass in the middle of BTC Collision

The Strategic Reserves Bitcoin is moving to the entire vote after transferring the Committee of the State House of Oklahoma, despite the recent BTC declining below $ 90,000.

According to the State Document, the Strategic BTC reserve account is recommended to pass the Oklahoma State House. The bill has passed by a majority vote from 12 to 2. will now go to a full phase of voting in a representative home.

Known as a house account 1203, Bill will allow public vaults to invest 10% of its public funds in Bitcoin (Btc) or other digital funds at the market value of over $ 500 billion. The news also shared the founder of the SATSHI ACT Fund Fund and the Executive Director, Porter Dennis, on its X account.

“I thank the leadership of Codimainard15 who carried the SBR account,” Porter said, giving a loan to the tail. Cody Mainard, a public official submitted by HB 1203.

Despite the victory for the adoption of BTC Spare Accounts in the American States, the cryptocurrency itself has recently flew, launched collapse on the crypto market. 25. February, Bitcoin fell Under $ 90,000, a violation of her bear samples with a drop of 6.78%. This is the first time BTC fell under $ 90,000 from November 2024. Years.

At the time of pressure, BTC slowly rose 1.15%, but it was still unable to claw on a trace of $ 90,000. BTC currently trades with hands to $ 89,236, according to data from crypto.news.

Oklahoma became the most recent American state to advance his account for a strategic spare bill for Bitcoin. According to Bitcoin Reserve MonitorThere are at least 25 American countries that introduced accounts for strategic reserves Bitcoin.

Each state is in various phases of legislation approval, with 18 state legislation still in progress, two other ones still in consideration, and five proposals were rejected.

First representatives of Oklahoma representatives introduced “Strategic BTC spare account” at 16. January. However, the HB 1203 is not the only act relating to Bitcoin introduced in Oklahoma. Earlier, 9. January, State Senator of Oklahoma Dusty Deevers submit “Law on Freedom Bitcoin” or SB 325. The bill would allow Oklahoma workers to pay in BTC and to receive BTC payments from clients.