Texas has taken a major step toward becoming a crypto leader with Senate Bill 21, which would create a state Bitcoin reserve.
The bill, approved 9-4 by a House committee, would allow Texas to invest in Bitcoin as part of its financial strategy.
Bitcoin advocate Pierre Rochard praised the move as positioning Texas “at the forefront of the cryptocurrency revolution.”
The legislation follows a national trend, with Arizona also enacting crypto laws the same day to manage unclaimed digital assets.
