Texas Prepares to Pass Bitcoin Reserve Bill: Could Ignite Crypto Adoption

The Texas House is set for a final vote on Senate Bill 21, which aims to create a state Bitcoin reserve. If passed, the bill could position Texas as a leading force in U.S. cryptocurrency adoption. Senator Charles Schwertner, who spearheaded the bill with support from Governor Greg Abbott, sees this move as key to creating a thriving crypto hub for the state. The bill’s strict criteria, limiting eligible assets to Bitcoin, reflects a clear strategy for managing and integrating digital assets at a state level.