Oklahoma HB1203 allows the State Treasurer to invest in Bitcoin and other digital assets, and state retirement funds to hold digital assets.
Oklahoma HB1203, known as the Strategic Bitcoin Reserve Act, permits the State Treasurer to invest public funds in Bitcoin and digital assets with a market cap over $500 billion. It also allows state retirement funds to hold digital assets directly, through a secure custody solution, or in exchange-traded products. The bill defines terms like "Bitcoin," "staking," and "secure custody solution," and sets an effective date of November 1, 2025.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.