Ohio Weighs New Bill to Invest State Funds in Strategic Crypto Reserve

Ohio may soon become one of the first states to invest public funds in cryptocurrency, as lawmakers debate House Bill 18—the Ohio Strategic Cryptocurrency Reserve Act. This proposal would permit the state government and retirement systems to invest in digital assets and related exchange-traded products. Setting the Stage for State Crypto Investments House Bill 18 (HB 18), introduced by Representative Steve Demetriou, is drawing attention for its practical steps toward integrating digital assets into the state’s portfolio. Importantly, the bill avoids specifying any particular cryptocurrencies—such as Bitcoin—in order to keep investment choices flexible source: https://beincrypto.com/ohio-crypto-investment-bill-hb18/