Ohio
Ohio Republicans push cryptocurrency legislation
Ohio Republicans are advancing bills to integrate cryptocurrency into state finances, allowing tax payments and investments in digital assets. Treasurer Robert Sprague leads the effort, citing the need to keep pace with digital payments. However, legislative leaders express caution over the technology's risks.
Cryptocurrency industry prepares to target Sherrod Brown again in 2026
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The cryptocurrency sector spent over $40 million to defeat Democratic Senator Sherrod Brown in Ohio's 2024 Senate race, helping Republican Bernie Moreno win by 3.5 percentage points. Now, with Brown seeking a fourth term, industry leaders signal readiness for another major financial push against him. Democrats remain optimistic about his comeback without Donald Trump on the ballot.
Ohio house amends crypto reserve fund to include traditional investments
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The Ohio House has modified a proposed cryptocurrency reserve fund to broaden its investment options beyond digital assets. Amendments allow for traditional investments like bonds and exchange-traded funds while renaming the fund and providing liability protections for officials. The changes aim to balance risk and potential returns for state funds.