The Texas Legislature is nearing passage of a bill that would create the framework for a state strategic Bitcoin reserve.
Cryptocurrency advocates view the proposed Bitcoin reserve in the state—which has the second-largest economy in the country—as their potential biggest win as they push similar measures in roughly two dozen states.
The measure (S.B. 21) approved by the House Wednesday would create a special crypto fund where the Legislature could direct money. The bill awaits a final agreement with the Senate on amendments, including a provision that would allow for donations to the reserve.
New Hampshire this month ...