Oklahoma has officially stepped back from establishing a Strategic Bitcoin Reserve (SBR). This decision follows a failed key bill that did not advance in the State Senate. The Senate Revenue and Taxation Committee voted narrowly to strike down House Bill 1203, which proposed the Strategic Bitcoin Reserve Act. This outcome underscores challenges in the legislative landscape surrounding cryptocurrency. As states reassess their positions on digital currency, ongoing debates will shape future policies. Investors should pay attention to these developments, as they could influence local market conditions. The trajectory of state actions towards Bitcoin will undoubtedly impact its integration into broader financial systems.