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Ohio lawmaker introduces bill to create Bitcoin reserve fund

The proposed legislation requires Ohio state agencies to accept cryptocurrency payments, which will be converted to Bitcoin prior to contributing to the Ohio Bitcoin Reserve Fund. It encourages donations while ensuring standard security protocols for the cryptocurrency.

Sandra O’Brien emphasizes the need for Ohio to lead in cryptocurrency as legislation expands across states like Utah and Arizona. This proposal allows Bitcoin investments to be included in state reserves, aligning with trends in digital assets.

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