Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation

Oluwapelumi Adejumo

Ohio lawmaker Derek Merrin introduced a groundbreaking bill to establish a Strategic Bitcoin Reserve within the state treasury, according to a Dec. 17 statement. The proposed legislation, known as the Ohio Bitcoin Reserve Act, seeks to empower the state treasurer with the authority to invest in Bitcoin, aligning with the growing trend of adopting it […]

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Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation