Texas State Bitcoin Reserve Gets Closer With Senate Bill Passage

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2025-03-06 19:34:00

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Texas Senators on Thursday passed a bill that seeks to create a strategic Bitcoin reserve in the state, pushing the proposal one step closer to becoming law as it next

The bill—SB 21—proposes a "state-managed investment fund focused on Bitcoin and other high-market-cap cryptocurrencies."

A number of U.S. states are trying to pass legislation to hold Bitcoin and other cryptocurrencies.

Editor’s note: This is a breaking news story and will be updated.

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