Ohio State Representative Derek Merrin introduced House Bill 703, known as the Ohio Bitcoin Reserve Act, to allow the state treasurer to invest public funds in BTC. 📈

Merrin sees Bitcoin as a strategic asset to protect the value of state funds as the dollar depreciates. The bill does not mandate Bitcoin purchases, but it does give the treasurer the authority to make such investments.

Similar initiatives are already under consideration in Pennsylvania and Texas, where Bitcoin reserves are also being discussed. 🏛️