Ohio Lawmaker Proposes Bill to Create a State-Backed Bitcoin Reserve

Ohio State Representative Derek Merrin has introduced House Bill 703, aiming to establish a state-backed Bitcoin reserve within Ohio’s treasury. Announcing the bill on social media, Merrin stated that this initiative would grant the state treasurer the authority and flexibility to invest in Bitcoin. In his opinion, this would create a framework for Ohio’s government to leverage Bitcoin’s... source: https://beincrypto.com/ohio-proposes-bitcoin-reserve-bill/