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🔥 BREAKING: Texas Set to Become the First U.S. State with an Official Bitcoin Reserve!
In a historic move, Texas is on the verge of passing a groundbreaking law to establish a Strategic Bitcoin Reserve — the first of its kind in the United States! 🚀
What does SB 21 propose?
• The state government would be allowed to invest directly in Bitcoin and other top-tier cryptocurrencies.
• The reserve will be managed by state authorities and funded through public budgets, private donations, and investment returns.
• A crypto advisory committee will be formed to provide strategic and risk-management guidance.
• Transparent reports on the fund’s performance will be published regularly.
Why is this a big deal?
Texas could become the first state to treat Bitcoin as an official strategic reserve, similar to gold. The goal is to shield the state from inflation and economic instability — while positioning Texas as a national crypto leader.
What’s next?
The bill has already passed the Senate and key committees. It now needs a final vote in the House and the governor’s signature. If approved, it goes into effect in September 2025.
Potential impact:
• Could trigger a new wave of crypto adoption at the government level.
• Might encourage other U.S. states to follow Texas’ lead.
• Adds massive symbolic validation for Bitcoin as a sovereign-grade asset. 🪙
$BTC
#Bitcoin #Texas #CryptoNews #BTCReserve #CryptoAdoption #DigitalGold #StrategicReserve #SB21
In a historic move, Texas is on the verge of passing a groundbreaking law to establish a Strategic Bitcoin Reserve — the first of its kind in the United States! 🚀
What does SB 21 propose?
• The state government would be allowed to invest directly in Bitcoin and other top-tier cryptocurrencies.
• The reserve will be managed by state authorities and funded through public budgets, private donations, and investment returns.
• A crypto advisory committee will be formed to provide strategic and risk-management guidance.
• Transparent reports on the fund’s performance will be published regularly.
Why is this a big deal?
Texas could become the first state to treat Bitcoin as an official strategic reserve, similar to gold. The goal is to shield the state from inflation and economic instability — while positioning Texas as a national crypto leader.
What’s next?
The bill has already passed the Senate and key committees. It now needs a final vote in the House and the governor’s signature. If approved, it goes into effect in September 2025.
Potential impact:
• Could trigger a new wave of crypto adoption at the government level.
• Might encourage other U.S. states to follow Texas’ lead.
• Adds massive symbolic validation for Bitcoin as a sovereign-grade asset. 🪙
$BTC
#Bitcoin #Texas #CryptoNews #BTCReserve #CryptoAdoption #DigitalGold #StrategicReserve #SB21
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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