Oklahoma HB1891 allows the State Treasurer to invest public funds in precious metals and digital assets, establish a Digital Asset Property Fund, and.
Oklahoma HB1891 permits the State Treasurer to invest public funds in precious metals and digital assets with a market cap over $500 billion. It authorizes the creation of the Digital Asset Property Fund, a subsection of the unclaimed property program, to manage digital assets obtained through criminal asset forfeiture. The bill mandates the selection of a qualified custodian for digital asset custody and requires the Treasurer to study stablecoins' potential benefits.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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