The BlockBeats news on January 26th, Ohio, the United States took a bold step in its financial strategy and launched a new bill allowing the creation of a ‘BTC Strategic Reserve’. The bill, supported by six co-sponsors, aims to protect state funds from inflation and ensure the long-term stability of its financial assets. The basic details of the bill are as follows: · Fund allocation: The proposed legislation will allow Ohio to allocate up to 10% of its general fund, budget stabilization fund, and reward trust fund to Bitcoin. · Custody solution: The bill outlines strong custody requirements to ensure the security of the reserve. Ohio will manage its digital assets through self-custody or qualified custodians. · Technological neutrality: To reduce political friction and ensure swift action, the bill uses the term ‘digital assets’ instead of specifically mentioning Bitcoin, adopting a technologically neutral stance. However, its stringent requirements ensure that currently only Bitcoin qualifies. · Eligibility criteria: To qualify for inclusion in the reserve, digital assets must have a market capitalization based on a 12-month average of at least $750 billion. The bill has received strong support from the state government and the six co-sponsors, significantly increasing its chances of becoming law.
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Tiểu bang Ohio, Mỹ đưa ra dự luật mới cho phép tạo 'Dự trữ chiến lược BTC'
The BlockBeats news on January 26th, Ohio, the United States took a bold step in its financial strategy and launched a new bill allowing the creation of a ‘BTC Strategic Reserve’. The bill, supported by six co-sponsors, aims to protect state funds from inflation and ensure the long-term stability of its financial assets. The basic details of the bill are as follows: · Fund allocation: The proposed legislation will allow Ohio to allocate up to 10% of its general fund, budget stabilization fund, and reward trust fund to Bitcoin. · Custody solution: The bill outlines strong custody requirements to ensure the security of the reserve. Ohio will manage its digital assets through self-custody or qualified custodians. · Technological neutrality: To reduce political friction and ensure swift action, the bill uses the term ‘digital assets’ instead of specifically mentioning Bitcoin, adopting a technologically neutral stance. However, its stringent requirements ensure that currently only Bitcoin qualifies. · Eligibility criteria: To qualify for inclusion in the reserve, digital assets must have a market capitalization based on a 12-month average of at least $750 billion. The bill has received strong support from the state government and the six co-sponsors, significantly increasing its chances of becoming law.