Texas House Unveils Bill To Create a Strategic Bitcoin Reserve

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Bitcoinist 13h ago

Texas House Unveils Bill To Create a Strategic Bitcoin Reserve - Bitcoinist

Quick Summary:

On Thursday, the Texas House of Representatives took a significant step toward integrating cryptocurrency into state financial strategy by introducing a bill aimed at establishing a strategic Bitcoin reserve.

Aside from vocal support, President-elect Trump has already taken steps to support the growth of the digital asset industry, including appointing Paul Atkins to lead the US Securities and Exchange Commission (SEC), a significant departure from Gary Gensler’s stance toward the industry.

The push for a national strategic BTC reserve has gained momentum following the election of President-elect Donald Trump, who has expressed pro-crypto sentiments in his campaign.