Ohio Congressman Introduces Bill to Stockpile Bitcoin as Strategic Asset

According to WatcherGuru, Derek Merrin, a Republican member of the Ohio House of Representatives, recently introduced a bill that would require the state to hold Bitcoin as a strategic reserve asset. The move follows a similar bill introduced last week by Texas State Representative Giovanni Capriglione, who proposed that the state add Bitcoin to its treasury as a strategic asset. Merrin's bill, if passed, would make Ohio the first state in the US to hold Bitcoin as a strategic reserve asset. The bill is currently in the early stages of the legislative process and it is unclear if it will be passed into law. However, the introduction of the bill is a sign of the growing interest in Bitcoin among policymakers and the general public.