Latest News and Articles about Ohio Bitcoin Reserve

Ohio’s Bold Bitcoin Reserve Proposal Sparks Debate on Financial Stability

20 December 2024 Daily Feed Bitcoin Volatility, Financial Stability, Nic Carter, Ohio Bitcoin Reserve

The Pros and Cons of a Strategic Bitcoin Reserve in US States Bitcoin’s potential as a financial asset has caught the attention of several U.S. states, with Ohio leading the charge by proposing a Bitcoin Reserve Fund. This initiative aims to include Bitcoin in its investment strategy, positioning it as a potential hedge against inflation. […]

Ohio Proposes State-Backed Bitcoin Reserve to Combat Dollar Devaluation

19 December 2024 Daily Feed Bitcoin Volatility, Derek Merrin, Dollar Devaluation, Ohio Bitcoin Reserve

Ohio’s Move Toward a State-Backed Bitcoin Reserve Ohio is considering a bold legislative proposal aimed at bolstering its financial resilience through the creation of a state-backed Bitcoin reserve. Spearheaded by State Representative Derek Merrin, the Ohio Bitcoin Reserve Act seeks to authorize the state treasurer to allocate surplus state funds into Bitcoin investments. This initiative […]