Texas Surges in U.S. States' Race to Put Public Funds Into Crypto
Name
Texas Surges in U.S. States' Race to Put Public Funds Into Crypto
Description
Texas is among several U.S. states advancing Bitcoin reserve legislation, with SB-21 passing the Texas Senate and moving to the House for further approval. Senator Charles Schwertner emphasized Bitcoin’s resilience through market cycles.
Publish date
12:33pm, Thursday, March 6, 2025
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Bitcoin, according to a statement from Texas Senator Charles Schwertner last week, “has proven itself through multiple boom and bust cycles,” making it a great reserve asset in times of a “devastating national deficit” along with “inflation and uncertainty,” as Schwertner described
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Texas approves Strategic Bitcoin Reserve and Investment Act
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