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Ohio State Bill Proposes Establishing a Strategic Bitcoin Reserve | Binance Morning Report (January 26)
● [美国俄亥俄州法案提议建立战略比特币储备](https://www.binance.com/cn/square/post/19433276871353?utm_source=NewsRoundup&utm_medium=BinanceBUs&utm_campaign=MultichannelPromotion)According to PANews, Dennis Porter, co-founder and CEO of Satoshi Action Fund, stated on the X platform that the bill allowing the establishment of a 'strategic Bitcoin reserve' was initiated by Ohio House Majority Whip Steve Demetriou.The bill includes: allowing state governments to use 10% of the general fund, budget stabilization fund, and prize trust fund for Bitcoin investments; providing robust custody solutions to ensure the use of self-custody or qualified custodians.The bill adopts the term 'digital assets' to reduce political resistance and protect state fund purchasing power from inflation erosion. Only assets with a market value of $750 billion and an average duration of 12 months qualify as reserves, and currently only Bitcoin meets this requirement.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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