Picture of the author

Golo

06/22 10:22

Texas Launches State-Funded Bitcoin Reserve — What

Governor Greg Abbott signed Senate Bill 21 into law on Saturday, establishing a state-funded Bitcoin reserve, the first of its kind in the country.1750579537-image-1750579333741_optimized-768x431.jpg
Texas has officially joined the small but growing list of U.S. states moving toward on-chain finance, passing a bill that protects Bitcoin reserves.

  • Texas has become the first US state to launch a publicly funded, standalone Bitcoin reserve.
  • Other states like Florida and Arizona have backed away from similar efforts.
  • The move follows President Trump’s executive order to establish a federal strategic Bitcoin reserve.

Governor Greg Abbott signed Senate Bill 21 into law on Saturday, establishing a state-funded Bitcoin reserve, the first of its kind in the country.

Unlike similar initiatives in Arizona and New Hampshire, Texas is creating a standalone reserve fund entirely separate from the state treasury

#Miss HTX Season 3 Kicks Off With Global Selection#Share Your Thoughts on Popular Assets in June#Do you think GOR is promising?#Do you think LISTA is promising?#US May CPI data
4Partager

Tous les commentaires0RécentPopulaire

avatar
RécentPopulaire