- A surge far above expectations
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- Explainer-How would a U.S. bitcoin strategic reserve work?
Ohio State Representative Derek Merrin is following in the footsteps of other representatives across the U.S., bringing forward a bill that would authorize the state’s treasury to invest public funds in Bitcoin.
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The bill amends section 2981.12 and enacts section 135.146 of Ohio’s Revised Code but does not mandate any specific Bitcoin purchases or portfolio allocations.
A state strategy
Xem thêm : Bitcoin Price Correction To Extend? Past Trends Points To A Potential 30% Dip
In November 2024, Representative Mike Cabell introduced the Pennsylvania Bitcoin Strategic Reserve Act, proposing that up to 10% of the state’s treasury reserves be allocated to Bitcoin as a hedge against inflation.
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