Texas House Passes Bill for State Bitcoin Reserve, Potentially Becoming Third U.S. State to Integrate Crypto

The Texas House of Representatives recently passed Senate Bill 21, paving the way for a state-run Bitcoin reserve fund. This bill now awaits Governor Greg Abbott’s signature, with the potential for Texas to become the third US state to implement Bitcoin as part of its investment strategy. The legislation aims to solidify Texas’ position as a leading player in the cryptocurrency sector and navigate financial volatility through crypto investments.