Public announcements from state governments or reputable financial news sources

Ohio State Rep. Derek Merrin Introduces Bill for Strategic Bitcoin Reserve in State Treasury

Dec 17, 2024, 10:37 PM

Ohio State Representative Derek Merrin has introduced a bill aimed at establishing a strategic Bitcoin Reserve for the state. This legislative move is part of a broader trend among states exploring the integration of cryptocurrency into their financial frameworks. The proposed reserve would be managed within the state treasury, potentially positioning Ohio as a leader in adopting digital currency strategies. The introduction of this bill reflects growing interest in Bitcoin and its applications at the state level.