Ohio HB18 establishes the Ohio Strategic Cryptocurrency Reserve Act, allowing the Treasurer of State to invest certain interim funds in digital.
Ohio HB18 amends and enacts provisions in the Revised Code to address investments in exchange-traded products by state retirement systems, permit the Treasurer of State to invest certain interim funds in digital assets, and name this act the Ohio Strategic Cryptocurrency Reserve Act. The bill allows the Treasurer of State to invest interim funds from specified sources in digital assets, provided they meet certain criteria. It also outlines procedures for the purchase and sale of investments, custody, and reporting requirements for these investments.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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