The bill on strategic reserve in bitcoins did not have passed the stage of coordination in the Committee on Income and Taxation of the Senate Oklahoma.

A document that Offered To allow the Oklahom state treasury to invest up to 10% of the state common fund, the income stabilization fund and the Constitutional Reserve Fund in Bitcoin, was rejected by members of the Committee with one vote.

Supporters of the bill claimed that Bitcoin would protect the state economy from inflation and the “bureaucratic depreciation of the purchasing power of the dollar”, and also positions Oklahom as a leader in the innovative financial policy of the United States.

Their opponents focused on the fact that any state funds should be protected from risky investment. Whereas the bill not only proposed to use taxpayers to buy high -voltage crypto assets, but also allowed investment in stablecoins and included the provisions on the staining of digital assets and the integration of crypto -investment in the state pension funds.

After the failure in the Senate Committee, the bill will not move on, and Oklahoma leaves the so-called “Bitcoin reserve race” among the US states. At the same time, other states, such as Arizona, New Hampshire and Texas, continue to consider similar initiatives.

Earlier, Kentukki became the 16th state of the United States, which adopted the bill on the adoption of cryptocurrencies in the House of Representatives as reserve assets.