The Bitcoin reserve bill is one step away from becoming law in Texas
In a Republican-controlled Senate, the SB-21 bill was approved by 101 votes in favor and 42 against.
This historic push comes as the price of Bitcoin reached a new all-time high.
Texas senators approved the strategic Bitcoin reserve bill, considered a historic milestone in the country. The speed at which the bill was approved in the different readings demonstrates the lawmakers' forward-thinking vision at a time when U.S. states are competing for dominance. According to an update from Bitcoin Laws, the SB 21 bill was approved in the third reading by 101 votes in favor and 42 against.