The Texas House recently read the Bitcoin Reserve bill, aiming to establish a state-level Bitcoin holding. This legislation marks a significant step in Texas's leadership in digital finance as it plans to potentially allocate funds toward Bitcoin.
Advocacy groups applaud this initiative, with community figures, like Dennis Porter, emphasizing its importance for pro-Bitcoin policies. If successful, Texas could set a precedent for other states in the U.S.
With Bitcoin currently trading at $105,277, the bill's passage may inspire innovative financial models nationwide, mirroring the historic Bitcoin adoption by El Salvador.
Full story here: https://coincu.com/338654-texas-bitcoin-reserve-bill-progress
