Texas Eyes State Bitcoin Hoard: SB 21 Bill Takes Major Step Forward
- Texas Bitcoin reserve bill advances, final vote expected before June 2 legislative deadline.
- Bill expands beyond Bitcoin to include digital assets after Trump’s executive order.
- Other states like Utah and Arizona also explore Bitcoin reserves amid inflation concerns.
A select committee within the Texas House of Representatives has given its approval to the Strategic Bitcoin Reserve Bill, designated SB 21, advancing this significant legislation a crucial step closer to becoming state law. The bill successfully cleared this key committee stage without any amendments and is now set for a final vote before the full state legislature.
— Bitcoin Laws (@Bitcoin_Laws) May 8, 2025
State Reserve Race Update:
TEXAS Strategic Bitcoin Reserve Bill SB 21 has passed the DOGE Committee without amendment.
Now there are no more referred Committees, so it should proceed to a final floor vote. pic.twitter.com/Y5tFui3Vxi
The final decision is expected before June 2, when the state legislature adjourns. If passed, Texas would formally begin the establishment of a strategic Bitcoin reserve to support financial resilience during periods of economic instability.
Texas SB 21: …
The post Texas Eyes State Bitcoin Hoard: SB 21 Bill Takes Major Step Forward appeared first on Coin Edition.
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Texas Eyes State Bitcoin Hoard: SB 21 Bill Takes Major Step Forward
- Texas Bitcoin reserve bill advances, final vote expected before June 2 legislative deadline.
- Bill expands beyond Bitcoin to include digital assets after Trump’s executive order.
- Other states like Utah and Arizona also explore Bitcoin reserves amid inflation concerns.
A select committee within the Texas House of Representatives has given its approval to the Strategic Bitcoin Reserve Bill, designated SB 21, advancing this significant legislation a crucial step closer to becoming state law. The bill successfully cleared this key committee stage without any amendments and is now set for a final vote before the full state legislature.
— Bitcoin Laws (@Bitcoin_Laws) May 8, 2025
TEXAS Strategic Bitcoin Reserve Bill SB 21 has passed the DOGE Committee without amendment.
Now there are no more referred Committees, so it should proceed to a final floor vote. pic.twitter.com/Y5tFui3Vxi
The final decision is expected before June 2, when the state legislature adjourns. If passed, Texas would formally begin the establishment of a strategic Bitcoin reserve to support financial resilience during periods of economic instability.
Texas SB 21: …
The post Texas Eyes State Bitcoin Hoard: SB 21 Bill Takes Major Step Forward appeared first on Coin Edition.
Read More
Crypto Market Digests Fed’s Rate Pause; Bitcoin Tests $100K Barrier