Texas is on the verge of making history with Senate Bill 21, a landmark bill aiming to create a state-controlled Bitcoin reserve. This significant milestone comes after bipartisan support and a decisive vote in the Texas House, now awaiting final approval from Governor Greg Abbott. The bill, inspired by other state initiatives and bolstered by former President Trump’s support for state-level crypto reserves, outlines regulations that could impact which digital assets qualify for inclusion in the reserve. Notably, only altcoins with a consistent $500 billion market capitalization over 24 months would be eligible. This progress reflects the growing interest in state-level crypto-backed reserves, positioning Texas as a potential leader in digital asset adoption. The bill’s journey from committee approval to Senate passage indicates broad support for this initiative. In December, a similar proposal (H.B. 1598) originated in Texas, outlining that the reserve would hold Bitcoin and potentially other assets as protection against inflation and economic uncertainty. Texas is actively developing its crypto ecosystem with an eye on establishing a strong position within the U.S. market. The bill faces one more approval from the Texas House before it can be enacted, requiring reconciliation between the House and Senate versions before reaching the governor’s desk. Should Texas successfully pass this legislation, it would become the second state to establish such a reserve after New Hampshire. In Ukraine, where digital transformation is crucial, they are preparing to introduce legislation for Europe’s first national Bitcoin Reserve, potentially positioning them as pioneers in this global movement.