Texas Bitcoin Reserve Bill to Face Public Hearing on April 23

A bill proposing a state-managed Bitcoin reserve fund is set to be debated publicly in Texas on April 23rd. This move could establish the state as a pioneer in government-backed crypto adoption. If passed, the legislation would create a Strategic Bitcoin Reserve for Texas to use both as a hedge and potential store of value. This aligns with growing trends of innovation in finance, particularly as inflation and currency concerns drive governments to explore alternatives.