Ohio Bitcoin Reserve Act: Will This Revolutionize the U.S. Economy?

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The Bitcoin reserve plan is ripples in the current market while some believe this will be the future of digital assets others say there will be no use of Bitcoin in the US economy. In this many US states are diving into Trump’s Bitcoin Reserve strategy. Ohio lawmaker Derek Merrin has proposed a groundbreaking bill called the Ohio Bitcoin Reserve Act (HB 703). This legislation, introduced on December 17, 2024, would allow the state treasurer to invest in Bitcoin as part of Ohio’s financial reserves.