Oklahoma has introduced a systematic Bitcoin reserve act

Oklahoma joins Texas, Pennsylvania, Ohio, New Hampshire and North Dakota in its Bitcoin reserve proposal.
State savings accounts and pension funds will have a node to invest in BTC if the account passes.

Oklahoma is set to consider a strategic bitcoin reserve after US state representative Cody Maynard officially introduced the ‘Strategic Bitcoin Reserve Act'.

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“Bitcoin represents freedom from the bureaucracies that control our purchasing power,” Maynard said. “As a decentralized form of money, Bitcoin cannot be manipulated or created by government entities. It is the ultimate store of value for those who believe in financial freedom and sound money principles.

The sixth US state with a BTC reserve proposal

The announcement follows similar initiatives in Texas, Pennsylvania, Ohio, New Hampshire and North Dakota. With Oklahoma taking this step, six US states are actively considering bills to incorporate BTC into their financial systems.

“This bill is about protecting Oklahomans' hard-earned money,” Maynard continued. “By leveraging our state's savings and retirement funds into digital assets, we're not only ensuring a stronger fiscal balance for our state, but we're demonstrating Oklahoma's leadership in enacting innovative fiscal policies.”

President Donald Trump supports the idea of ​​a US Bitcoin Reserve, a move that lawmakers believe will make the new administration a hub for crypto and BTC. US Senator Cynthia Lammis recently introduced the Bitcoin Act, which would require the US government to add BTC to its strategic reserve.

Oklahoma's new bill seeks to allow the state's savings accounts and pension funds to invest in Bitcoin.