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Vivek Ramaswamy backs Ohio’s new strategic Bitcoin reserve bill

The proposed law enables Ohio to invest in a strategic Bitcoin reserve, which aims to diversify state funds and combat inflation. Only Bitcoin’s market cap meets the requirement, reinforcing its role in the state’s evolving financial approach.

The bill outlines strict criteria for investments, ensuring secure custody solutions for digital assets. With this second attempt, Ohio joins other states exploring Bitcoin reserves, highlighting a significant shift in the approach towards cryptocurrency.

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