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Texas Fixin’ to Start Strategic Bitcoin Reserve, Great News for $STARS Meme Coin Tracker Which Just Broke Through $15M in Presale

NewsBTC LogoNewsBTC12h ago

Texas Fixin’ to Start Strategic Bitcoin Reserve, Great News for $STARS Meme Coin Tracker Which Just Broke Through $15M in Presale - NewsBTC

Quick Summary:

"The very best thing that we can be doing is passing this legislation at the state level, providing political momentum for federal legislation.” Bitcoin, which has been experiencing a post-US election boom – reaching the $100k milestone – continued to rally following yesterday’s announcement of Texas’ Strategic Bitcoin Reserve, although at the time of writing, it had dipped slightly.

In November this year, legislation to form the Pennsylvania Bitcoin Strategic Reserve was introduced, with plans to allocate up to 10% of its treasury reserves to Bitcoin.

Giovanni Capriglione announced yesterday that he has submitted a bill that will enable the state to accept donations, fees, and taxes in the form of bitcoin, with the condition that it be held for a minimum of five years.


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Article Details

Author / Journalist: Nicola-Jane Ford

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-13 @ 14:17:23 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 531 words

Reading Time: 3 minutes read

Sentences: 43 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 24400129

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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