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Oklahoma introduces bill that aims to create a strategic Bitcoin reserve

CoinGape
Summary
Nutrition label

66% Informative

Oklahoma has introduced a bill that aims to create a strategic Bitcoin reserve, positioning the state at the forefront of digital asset adoption.

Representative Cody Maynard , R-Durant, announced the Strategic Bitcoin Reserve Act on Wednesday .

The bill would allow Oklahoma ’s state savings accounts and pension funds to invest in Bitcoin .

If passed, it would authorize state fund managers to allocate a portion of public funds to Bitcoin investments.

VR Score

56

Informative language

52

Neutral language

74

Article tone

formal

Language

English

Language complexity

72

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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