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Oklahoma Senate Committee Rejects Bitcoin Reserve Bill HB1203 After House Approval; North Carolina Advances Similar Proposal

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Updated Apr 17, 2025, 12:32 AM

Oklahoma's Strategic Bitcoin Reserve Bill, House Bill 1203, failed to pass the Senate Revenue and Taxation Committee by a narrow 6-5 vote, effectively killing the proposal that would have authorized the state treasurer to invest in Bitcoin as part of a strategic reserve. The bill had previously passed the Oklahoma House with a 77-15 vote. Senator Brian Guthrie advocated for the bill, noting Bitcoin's consistent gains over four-year periods. With Oklahoma's exit, Texas and Arizona remain the last states considering similar Bitcoin purchase legislation at the state level. Meanwhile, North Carolina's HB 92, which allows the state treasurer to invest in qualifying digital assets including Bitcoin, has successfully passed the House Pensions and Retirement Committee, signaling continued momentum for state-level Bitcoin investment initiatives.

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JUST IN: NORTH CAROLINA’S BILL HB 92 HAS PASSED THE HOUSE PENSIONS AND RETIREMENT COMMITTEE. THE BILL ALLOWS THE STATE TREASURER TO INVEST IN QUALIFYING DIGITAL ASSETS LIKE BITCOIN. Source: @Cointelegraph https://t.co/NRhwlyp4rQ https://t.co/FweriRf49Q

Cointelegraph

@Cointelegraph

🇺🇸 JUST IN: North Carolina’s bill HB 92 has passed the House Pensions and Retirement Committee. The bill allows the State Treasurer to invest in qualifying digital assets like Bitcoin. https://t.co/ubbBSTPcf4