According to a report by Deep Tide TechFlow, on May 20, Texas Senate Bill SB 21 will undergo a second reading in the state House of Representatives. The bill was introduced by Senator Schwertner and others, with Representative Capriglione serving as the House sponsor.
The bill aims to establish and manage a 'Texas Strategic Bitcoin Reserve', with core content including investments in cryptocurrencies and authorizing the state auditor to have investment authority over this reserve and other specific state funds.
