American states are intensifying their competition to create official Bitcoin reserves through newly advancing BTC reserve legislation. Three American states - Texas (TX), Wyoming (WY), and Florida (FL) - have substantially advanced their bitcoin reserve legislation.

The increased institutional interest becomes evident as multiple states have introduced legislation, with some having progressed from their initial committee stages during these developments.

Wyoming and Texas in the Lead? The two states share a historical affinity toward Bitcoin support; Wyoming took the first step towards regulating crypto, while Texas decided to support BTC mining operations.

The question remains: which state will create history by officially holding Bitcoin reserves first?

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