The Texas House of Representatives advanced the Bitcoin reserve bill, Senate Bill 21, following a strong bipartisan vote. Lawmakers adopted a key amendment and approved the bill with a 105-23 margin. This legislative move positions Texas closer to managing a state-run Bitcoin reserve through official mechanisms. Bitcoin Reserve Bill Receives Key House Amendment The House […]
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Bitcoin Reserve Race Heats Up: Texas Joins After Arizona’s Move
US states are accelerating efforts to build a Bitcoin reserve, with Texas advancing Senate Bill 21 to a floor vote. This move comes after Arizona and New Hampshire enacted similar legislation to establish their own Bitcoin reserve frameworks. With bipartisan backing, states are signaling a shift toward integrating Bitcoin into government financial strategies amid rising […]
Texas Proposes Second Bill for $250M Bitcoin Investment Reserve
Texas lawmakers have put forward another Bitcoin reserve bill, giving the state’s chief accountant and financial regulator the power to invest as much as $250 million in digital assets. Senate bill HB 4258 would authorize the official overseeing state finances to allocate funds into Bitcoin or other cryptocurrencies. Texas Advances Bitcoin Investment Strategy Texas has […]
Texas Bitcoin Reserve Bill Becomes Game-Changer for State-Level Digital Assets
In a landmark decision, the Texas Senate has passed the Bitcoin Reserve Bill with a decisive 25-5 vote, marking a crucial step toward integrating Bitcoin into state-level financial strategies. Unlike previous BTC reserve proposals that collapsed in other Republican-led states due to concerns over government spending, Texas has managed to break the pattern thanks partly […]
Texas Senate Approves Bitcoin Reserve A Landmark Crypto Adoption Bill
Texas is making history as it moves closer to becoming one of the first U.S. states to establish a Bitcoin reserve. The Texas Senate Business & Commerce Committee has unanimously passed the Strategic Bitcoin Reserve Bill (SB 21) with a decisive 9-0 vote, a milestone that signals growing state-level adoption of digital assets. The bill […]
Texas Reintroduces Bold Bitcoin Reserve Bill, SB 21 to Boost Financial Growth
In a bold move, Texas reintroduces its Strategic Bitcoin Reserve bill to allow the state to diversify investments in digital assets. This expansion paves the way for Texas to lead in economic resilience and secure financial growth through blockchain technology. Texas Expands Bitcoin Reserve Bill Texas has reintroduced a bill to establish a Strategic Bitcoin […]
Texas Moves Toward Bitcoin Adoption with State Reserve Plan in 2025
Texas is gearing up to become a pioneer in cryptocurrencies. Lieutenant Dan Patrick announced that creating a state Bitcoin reserve will rank high in the 2025 legislative session’s agenda. The move, a bold one, forms part of a larger campaign to build a state financial infrastructure and make its role a hub for use and […]
Ripple Expands U.S. Reach with Money Transmitter Licenses in New York and Texas
Ripple secures Money Transmitter Licenses in New York and Texas, expanding compliant cross-border payment services across the U.S.
Texas: 4.7M Crypto Owners Influence 2024 Election
Texas is “the Lone Star State” where crypto is not just a trend but a movement making serious headway into the population. Recent research by Coinbase shows that as many as 21% of adults in Texas own digital assets; therefore, their number is around 4.7 million eligible voters. Such ownership does not apply to some […]
Here’s why Bitcoin miners from Texas are turning off rigs
Texas bitcoin miners are being forced to cease operations as a result of the escalating global energy crisis and the continuous collapse of the cryptocurrency market. Texas miners have been forced to suspend operations as a result of an impending heat wave that is expected to strain the state’s power grid after the state experienced […]