In brief
- Ohio Rep. Steve Demetriou is pushing for the creation of a state Bitcoin reserve as a next step following the passage of HB 116 in the state House.
- Demetriou emphasizes the importance of education and bipartisan support in advancing crypto legislation, and pledged to reintroduce bills as necessary.
- Although HB 116 avoids naming Bitcoin specifically, Demetriou says the broader focus on digital assets was intentional to “not pick winners or losers.”
After the Ohio House passed House Bill 116 last week, exempting crypto owners from minor tax burdens, Rep. Steve Demetriou (R-Ohio) said the next step is to establish a state Bitcoin reserve.
Another bill, House Bill 18, known as the Ohio Strategic Cryptocurrency Reserve Act, would…
Jun 25 2025
