Wednesday, July 30, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Oklahoma exits Bitcoin reserve race as Senate rejects bill

16 April 2025
in Crypto Exchanges
Reading Time: 2 mins read
0 0
A A
0
Home Crypto Exchanges
Share on FacebookShare on Twitter



Oklahoma has formally exited the race to ascertain a Strategic Bitcoin Reserve (SBR) after a key invoice did not advance within the State Senate.

On April 15, the Oklahoma Senate Income and Taxation Committee voted 6-5 to strike down Home Invoice 1203, also called the Strategic Bitcoin Reserve Act.

One of many key developments forward of the vote was Senator Christi Gillespie’s change of coronary heart. She initially deliberate to vote towards the invoice however later switched to a “sure” after listening to from constituents. Her reversal, although notable, wasn’t sufficient to alter the end result.

In the meantime, the invoice’s failure got here regardless of earlier momentum within the state’s Home of Representatives, the place it handed with a decisive 77-15 vote.

The proposal aimed to authorize the state treasurer to allocate public funds to Bitcoin and choose stablecoins. Nevertheless, in line with information from CryptoSlate, solely Bitcoin at the moment meets the invoice’s requirement of a $500 billion market capitalization, with its valuation sitting at roughly $1.6 trillion.

Oklahoma’s exit removes it from the checklist of energetic states exploring Bitcoin reserves. It now joins Montana, South Dakota, Wyoming, North Dakota, and Pennsylvania, the place comparable efforts have both stalled or failed.

Bitcoin reserve momentum continues

In the meantime, 21 different states proceed to push ahead, some with a number of energetic payments.

In keeping with Bitcoin Legal guidelines, Arizona, New Hampshire, and Texas are main the race to include the highest crypto into public finance.

Presently, the US has 117 pro-Bitcoin payments into account. Of those, 47 are immediately tied to Strategic Bitcoin Reserve initiatives throughout the 26 states.

Discussions about Bitcoin reserves are additionally gaining traction on the federal degree. Bo Hines, Govt Director of the Presidential Council of Advisers on Digital Belongings, confirmed that the federal government is evaluating funding choices for its deliberate Bitcoin reserve.

These embody utilizing tariff income and revaluing gold-backed Treasury certificates to help a Bitcoin reserve with out growing the nationwide funds.



Source link

Tags: billBitcoinExitsOklahomaRacerejectsreserveSenate
Previous Post

Ethereum Breakout Imminent? Analyst Expects ETH Price Surge To $2,000 | Bitcoinist.com

Next Post

Financial planning tips for your 50s

Related Posts

What You Should Know Before Investing in Tokenized Assets | eToro
Crypto Exchanges

What You Should Know Before Investing in Tokenized Assets | eToro

29 July 2025
BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for $10B
Crypto Exchanges

BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for $10B

29 July 2025
Year of the stablecoin: The GENIUS Act, Wall Street, and the dollar’s digital leap
Crypto Exchanges

Year of the stablecoin: The GENIUS Act, Wall Street, and the dollar’s digital leap

27 July 2025
Nigeria SEC welcomes stablecoin innovation while ensuring compliance
Crypto Exchanges

Nigeria SEC welcomes stablecoin innovation while ensuring compliance

26 July 2025
What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples
Crypto Exchanges

What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

25 July 2025
The Daily Breakdown: Does PepsiCo Have Its Fizz Back?
Crypto Exchanges

The Daily Breakdown: Does PepsiCo Have Its Fizz Back?

26 July 2025
Next Post
Financial planning tips for your 50s

Financial planning tips for your 50s

Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art

Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

2 July 2025
Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

2 July 2025
XRP Price Starts Recovery Move – Will It Lead to a Bullish Reversal?

XRP Price Starts Recovery Move – Will It Lead to a Bullish Reversal?

30 July 2025
Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B

Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B

30 July 2025
Bakkt Launches $75M Offering to Fund Bitcoin Purchases and Crypto Expansion – Featured Bitcoin News

Bakkt Launches $75M Offering to Fund Bitcoin Purchases and Crypto Expansion – Featured Bitcoin News

30 July 2025
‘Altseason for TradFi’ Underway As Investors Look To Rotate Profits Into Riskier Bets: Bitwise CIO Matt Hougan – The Daily Hodl

‘Altseason for TradFi’ Underway As Investors Look To Rotate Profits Into Riskier Bets: Bitwise CIO Matt Hougan – The Daily Hodl

30 July 2025
Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

30 July 2025
Uprise Teams Up with HoneyBook to Bring Tax Planning to Small Business Owners – Finovate

Uprise Teams Up with HoneyBook to Bring Tax Planning to Small Business Owners – Finovate

30 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$118,061.00-0.78%
  • ethereumEthereum(ETH)$3,805.30-1.75%
  • rippleXRP(XRP)$3.12-1.83%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$801.13-3.42%
  • solanaSolana(SOL)$180.29-3.00%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,797.59-1.83%
  • dogecoinDogecoin(DOGE)$0.221413-4.17%
  • tronTRON(TRX)$0.3347841.44%