Texas Advances Strategic Bitcoin Reserve Bill to Third Reading
- The Texas House has voted overwhelmingly in favor of the Strategic Bitcoin Reserve bill.
- The bill aims to establish a state-managed bitcoin reserve overseen by the Texas Comptroller of Public Accounts.
- The third reading is scheduled to occur shortly, with expectations of it proceeding smoothly to the Governor for final approval.
- Arizona and New Hampshire have already enacted similar legislation, with other states showing interest.
- US President Donald Trump’s executive order for a national Bitcoin Reserve has spurred state-level initiatives.
The Texas Strategic Bitcoin Reserve bill has received significant bipartisan support in the House and is moving towards its third reading. If successful, it will proceed to the Governor’s desk for signing into law, joining other states like Arizona and New Hampshire.
Source (2.6)https://coingape.com/texas-strategic-bitcoin-reserve-bill-advances-to-third-reading/?rand=24432
