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Texas Makes History: Governor Signs Landmark Bitcoin Reserve Bill SB 21 Into Law

Texas Makes History: Governor Signs Landmark Bitcoin Reserve Bill SB 21 Into Law

CryptotimesIO
Release Time:
2025-06-23 00:07:26
0

Texas just fired the starting gun in the race for crypto sovereignty.

The Lone Star State's governor inked SB 21 into law today—effectively turning Bitcoin into reserve collateral for state funds. Move over gold, there's a new sheriff in town.

Wall Street bankers clutching their pearls? Probably. But while traditional finance keeps arguing about 'volatility,' Texas is busy future-proofing its treasury. The irony? They're using the very asset Wall Street called a 'fraud' to hedge against dollar debasement.

Here's the kicker: no federal approval needed. Texas just rewrote the playbook on state-level monetary policy—and did it with typical cowboy swagger.

One question remains: which state will be next to ditch 20th-century thinking? Because when the history books are written, June 23, 2025 might just mark the day decentralized finance went mainstream.

Google News

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