Oklahoma's Cody Maynard Introduces Bill for Strategic Bitcoin Reserve, Sixth State Toward 12 States Goal

Jan 15, 2025, 06:31 PM

Oklahoma State Representative Cody Maynard has introduced a bill to establish a Strategic Bitcoin Reserve in the state. This initiative marks Oklahoma as the sixth state to propose such a policy, which would allow the state to purchase Bitcoin once the bill is passed into law. The introduction of this bill reflects a growing trend of state-level Bitcoin adoption, with proponents aiming to achieve a total of 12 states adopting similar measures. The move is seen as part of broader efforts to integrate cryptocurrency into state financial strategies.