๐ฅ BREAKING: Texas just made a massive move for crypto! ๐บ๐ธ๐
The state has *officially signed into law protections for off-treasury Bitcoin reserves* โ meaning Bitcoin held outside traditional financial institutions (like in cold wallets or DeFi protocols) now has legal backing in Texas ๐ก๏ธ๐ช
๐ What This Means:
1. *Institutional confidence grows* โ states are backing Bitcoin legally โ๏ธ
2. Sets the stage for *Bitcoin to be treated like a strategic asset*, not a speculative one
3. Decentralized custody (off-treasury) gets a green light in the US ๐คฏ
4. *SB21* could take it further โ possibly allowing the *state of Texas to buy and hold Bitcoin* as early as *June 22* ๐๏ธ
5. Signals growing *state-level adoption*, similar to El Salvador ๐ธ๐ป vibes
๐ฅ This is *bullish long-term* โ if a state starts stacking sats, expect others to follow.
Is Bitcoin becoming the new gold reserve of the 21st century? ๐ช๐ฐ๐