Texas passes the 'Bitcoin Reserve Act', planning to incorporate Bitcoin into the state government's investment portfolio, becoming the third state in the U.S. to implement this measure. The act requires that reserve assets have a market value exceeding $50 billion for one year, and currently only Bitcoin meets this criterion.
This marks the acceleration of the sovereign-level cryptocurrency reserve race. Meanwhile, Hong Kong legislator Kenneth Leung has stated that Hong Kong is considering including the Renminbi in its stablecoin system, drawing market attention.
Both national and institutional players are entering the arena, and Bitcoin is gradually stepping into the core of mainstream finance.