Oklahoma Committee Approves Strategic Bitcoin Reserve Bill Amid Market Downturn

Bitcoin prices are plummeting, but there is notable legislative progress in Oklahoma. The state’s proposed Strategic Bitcoin Reserve (SBR) bill has successfully passed a committee vote.

Dennis Porter, CEO of the Satoshi Action Fund, an organization involved in Bitcoin advocacy, announced on February 25 via X (formerly Twitter) that the bill passed the committee with a 12-2 vote.