A bill aimed at establishing a state-backed Bitcoin reserve in Texas cleared a major hurdle in the legislature, moving closer to Governor Greg Abbott’s desk for final approval. The bill, Senate Bill 21 (SB 21), was approved by the Texas House Committee on Delivery of Government Efficiency with a vote of 9-4 along party lines. If passed by the full House and signed into law by Abbott, it will pave the way for Texas to become one of the first states to incorporate Bitcoin into its financial reserves. The bill would empower the state Comptroller, currently Glenn Hegar, to invest state funds in digital assets. This includes Bitcoin with a market cap of at least $500 billion over the past year, and potentially other cryptocurrencies meeting that threshold. The measure, originally introduced by Senator Charles Schwertner in January as a Bitcoin-exclusive proposal, has been modified to include various cryptocurrencies. 21, passed both the Senate and House committees with bipartisan support. Governor Abbott has been a vocal advocate for cryptocurrency adoption in Texas and is pushing for it to become a