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What will be the outcome of Ohio's strategic Bitcoin reserve bill by the end of 2025?
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Resolution / Starting Odds
Passed without amendments • 25%
Passed with amendments • 25%
Rejected • 25%
Postponed indefinitely • 25%
Official announcements from the Ohio state legislature or government websites
Story
Ohio Lawmakers Propose Strategic Bitcoin Reserve Bill to Recognize Bitcoin as State Asset, Supported by Vivek Ramaswamy
Jan 25, 2025, 05:24 PM
Ohio lawmakers are advancing a proposal to establish a strategic Bitcoin reserve, marking a notable shift in the state's financial strategy. The bill aims to recognize Bitcoin as a state asset, reflecting a growing trend of institutional acceptance of cryptocurrency at the state level. Vivek Ramaswamy, a prominent supporter of the initiative, described the bill as 'thoughtful and powerful,' emphasizing its potential to hedge against inflation and promote innovation. The proposal has garnered attention for its forward-thinking approach to incorporating Bitcoin into state financial frameworks.
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Amended and Passed • 25%