Texas Governor Pushes Bitcoin Reserve Bill, Signaling Crypto Leadership

Governor Greg Abbott is poised to sign legislation establishing a Bitcoin reserve for Texas’ state treasury, demonstrating his strong support for digital asset management and highlighting the state’s leadership in the crypto space. The bill passed both chambers with overwhelming support, solidifying Texas’ position as a frontrunner in its adoption of Bitcoin reserves. This action reflects Governor Abbott’s longstanding advocacy for cryptocurrency legislation and sets the stage for Texas to become a prominent hub for digital asset-related activity. The move has potential implications for both Bitcoin demand and broader technological innovation within the state.