Oklahoma SB 1203, or Oklahoma Strategic Bitcoin Reserve Act

passed the Government Oversight Committee with a 12-2 vote, joining pro-crypto states.

The Oklahoma Strategic Bitcoin Reserve Act, or SB 1203, passed the Government Oversight Committee with a 12-2 vote and will move to a full legislative vote.

If passed, Oklahoma could invest up to 10% of state funds in Bitcoin and other digital assets if they are capitalized at more than $500 billion.

More About the Oklahoma Strategic Bitcoin Reserve Act, SB 1203

Partisan SB 1203 was originally introduced by Rep. Cody Maynard on February 3, 2025, after which it passed several readings.

On February 25th, SB 1203 won a landslide victory with 12 in favor and only 2 against in the Government Oversight Committee vote.

This pushes the bill to a full legislative vote, which could swing either way in view of state proposals that year.

Montana, North Dakota, Pennsylvania, South Dakota, and Wyoming voted against Bitcoin. Still, such a swing vote is encouraging, and perhaps Oklahoma will take a different path from Texas, which had bills to invest in Bitcoin fail in 2023.

If that happens, Oklahoma will be able to invest 10% of its funds not only in Bitcoin but also in other digital assets. However, so far only Bitcoin qualifies because the critical requirement is asset capitalization of at least $500B.

Conclusion

Good news for Oklahoma, we will wait for the final results with optimism but still caution. Be aware and stay tuned for updates to keep your strategy balanced in the rapidly evolving crypto, blockchain, and technological landscape.

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