#TexasBTCReserveBill The Texas Senate passed SB-21, establishing a Bitcoin Reserve managed by the state comptroller. The reserve will hold Bitcoin and other cryptocurrencies with a market cap exceeding $500 billion over 12 months. An advisory committee will oversee investments, and biennial reports will ensure transparency. Senator Charles Schwertner, the bill’s author, argues Bitcoin’s decentralized nature makes it a strong hedge against inflation. If approved by the Texas House and signed into law, Texas will become a pioneer in state-backed cryptocurrency reserves, reinforcing its position as a leader in digital finance and innovation
