🔥 Senate Bill 21 – the bill to establish the "Texas Strategic Bitcoin Reserve Fund" – just passed a Texas House committee with a ratio of 9-4 (along party lines). Now it just needs one more full vote to reach Governor Greg Abbott's desk!
🏛 This bill allows the state to invest in digital assets with a market capitalization of $500 billion or more – meaning currently only Bitcoin qualifies.
🗓 If all goes well, Texas will make a final decision before June 2 – the time when the state legislative session ends this year.
🌵 Abbott has long wanted to make Texas the "crypto capital of the United States" – having received donations in BTC since 2014.
⚡️ On the same day:
Arizona passed a law to establish a Digital Asset Reserve Fund, allowing staking and receiving airdrops from forgotten crypto (!)
New Hampshire also greenlit investments in crypto as large as $BTC BTC.
❌ Meanwhile, Florida canceled 2 bills about Bitcoin funds at the last minute.
🔍 Crypto is no longer a private game – states are getting involved!
