The Oklahoma House of Representatives approved bills recognizing gold and silver as legal tender and permitting cryptocurrency investment. However, opposition raised concerns about the security and intentions behind this legislation.
President Donald Trump unveiled a U.S. Crypto Strategic Reserve plan that will encompass Bitcoin, Ethereum, and other cryptocurrencies. In response to Trump's announcement, Bitcoin and other cryptocurrencies experienced substantial price hikes, with Bitcoin surging by over 10% to $94,144.
The proposed Crypto Strategic Reserve is intended to secure government access to valuable digital assets, but specific implementation details are still unclear.