🛑 Bitcoin Reserve: US States Arizona Passes BTC Law, Texas Joins Race

U.S. states are accelerating efforts to establish strategic Bitcoin reserves, with Texas recently advancing the SB 21 bill to a floor vote. This move follows Arizona’s recent passage of legislation to create its own Bitcoin reserves.

Since Donald Trump’s victory last year, Bitcoin has gained prominence, with many states showing a growing interest in integrating the asset into their financial systems.

This week has been eventful as US states have taken the call to build Bitcoin reserves. In the last 48 hours, two states – New Hampshire and Arizona – enacted a law to build their strategic BTC reserve.

Interestingly, one has a Republican governor and the other has a democratic governor, with Bitcoin being a common uniting force with a larger goal. Now, with Texas joining the race, crypto industry veteran Gary Cardone noted:

“GAME THEORY IGNITED! Tic Tok. We have one clean decision by NH, then reversal from Arizona Gov, next is Texas who hasn’t done anything Big since Big Oil and Gas!”

However, not every US state has joined the Bitcoin party. Earlier this week, Florida decided to dump its BTC Reserve plans, with rumors of Arizona also working on a similar decision.

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