Oklahoma's proposed Strategic Bitcoin Reserve Act (HB1203) has stalled after narrowly failing to pass the Senate Revenue and Taxation Committee in a 6–5 vote. The bill sought to empower the State Treasurer to allocate up to 10% of select state funds—including the State General Fund, Revenue Stabilization Fund, and Constitutional ...
An Oklahoma man, Travis Ford, has admitted to orchestrating a cryptocurrency investment fraud scheme that defrauded nearly 2,800 investors of $9.4 million. Ford, 35, from Glenpool, pleaded guilty to one count of conspiracy to commit wire fraud, a charge carrying a potential five-year prison sentence. According to the report, Ford ...
Oklahoma State Senator Dusty Deevers has introduced a bill to establish Bitcoin as a mainstream financial option in the state. The proposed legislation, titled the Bitcoin Freedom Act (SB325), seeks to allow residents in Oklahoma to opt for Bitcoin as a method of payment and investment. The bill encourages voluntary ...
