Atlas21
  • ‎
No Result
View All Result
Atlas21
No Result
View All Result
Atlas21
Home Bitcoin

Oklahoma rejects strategic Bitcoin reserve: bill fails in Senate Committee

Newsroom by Newsroom
April 18, 2025
in Bitcoin
bitcoin
Share on FacebookShare on TwitterShare on Linkedin

Oklahoma’s proposal for a state Bitcoin reserve has been rejected following a vote in the Senate Committee.

With a 6–5 vote, the Oklahoma Senate Committee on Finance and Taxation struck down House Bill 1203, also known as the Strategic Bitcoin Reserve Act.

🇺🇸 State Reserve Race Update:

Oklahoma Reserve Bill HB1203 has FAILED in the Senate Revenue and Taxation Committee, 6-5.

The No votes were:
– Sen. Todd Gollihare [R]
– Sen. Chuck Hall [R]
– Sen. Brent Howard [R]
– Sen. Julia Kirt [D]
– Sen. Mark Mann [D]
– Sen. Dave Rader [R] pic.twitter.com/EadkwOq2xZ

— Bitcoin Laws (@Bitcoin_Laws) April 15, 2025

During the vote, Senator Christi Gillespie—who had planned to vote “No” up until that afternoon—changed her position after being contacted by a couple of pro-Bitcoin constituents. Dennis Porter, CEO and co-founder of the Satoshi Action Fund, commented on X:

A lawmaker changed their ‘No’ vote to a ‘Yes’ because they heard from their Bitcoiner constituents!

Your voice matters! Please be sure to reach out to your lawmaker when a Bitcoin bill is up for a vote.

Great clip from @Bitcoin_Lawspic.twitter.com/CJsceiEcF6

— Dennis Porter (@Dennis_Porter_) April 15, 2025

Despite the last-minute switch, the bill did not pass. Republican Senators Todd Gollihare, Chuck Hall, Brent Howard, and Dave Rader voted against it, along with Democrats Julia Kirt and Mark Mann.

The bill, introduced by Representative Cody Maynard last January, would have allowed the Oklahoma State Treasurer to invest in Bitcoin and other qualified digital assets—defined as those with a market cap exceeding $500 billion over the past year. A previous committee had approved the bill in February with a 12–2 vote.

With Oklahoma now out of the race, New Hampshire, Texas, and Arizona remain the top contenders in the push to become the first U.S. state to establish a strategic Bitcoin reserve.

Previous Post

North Carolina: proposal advances to invest 10% of public funds in Bitcoin

Next Post

Panama City to accept bitcoin for public services

Latest News

Arkham rivela l’87% degli indirizzi Bitcoin di Strategy
Bitcoin

Arkham reveals 87% of Strategy’s Bitcoin addresses

by Newsroom
May 29, 2025
0

The blockchain analytics firm claims to have identified the Bitcoin addresses held by the company led by Saylor.

Read moreDetails
blockstream
Bitcoin

Blockstream launches a non-custodial app to buy Bitcoin

by Newsroom
May 29, 2025
0

At Bitcoin 2025, the company unveils the Blockstream App and a strategic roadmap to accelerate adoption.

Read moreDetails
Il routing su Lightning rende il 10% annuo: l’annuncio di Block
Bitcoin

Lightning routing yields 10% annually: Block’s announcement

by Newsroom
May 29, 2025
0

The revelation by Miles Suter, Product Lead at Block, at the Bitcoin Conference 2025 confirms the economic potential of LN...

Read moreDetails
bitcoin
Bitcoin

Pakistan announces the creation of a strategic Bitcoin reserve

by Newsroom
May 29, 2025
0

The Pakistani government embraces Bitcoin, following the example set by the United States.

Read moreDetails
Il futuro del mining? Green e decentralizzato
Bitcoin

The future of mining? Green and decentralized

by Plak
May 29, 2025
0

An analysis of the present and a look at the future of Bitcoin mining, between data, critical reflections and a...

Read moreDetails
Atlas21

© 2025 Atlas21

Navigate Site

  • About
  • Home
  • Feature
  • Bitcoin
  • Careers
  • Opinion
  • Interviews
  • Privacy Policy
  • News
  • Learn
  • B2B
  • Press
  • Cookie Policy

Follow Us

No Result
View All Result
  • News
  • Interviews
  • Learn
  • Feature
  • Services
  • Adoption
  • ‎
    • ‎

© 2025 Atlas21

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site, we will assume that you are happy with it.AcceptCookie