Texas Moves Forward with Bitcoin Reserve, Following in New Hampshire’s Footsteps

Texas lawmakers took a significant step towards establishing a state-managed Bitcoin reserve with the passage of Senate Bill 21 (SB 21). This bill, which cleared its second House reading by a vote of 105-23, now awaits final approval from Governor Greg Abbott. If enacted, Texas would become the second U.S. state to formalize a sovereign crypto reserve, joining New Hampshire as pioneers in this space.