$BTC
🔴Bipartisan Breakthrough: Texas Senate Unites to Propel Historic Bitcoin Reserve Bill Forward🔴
The Texas Senate passed a groundbreaking Bitcoin Reserve bill in a bipartisan 25-5 vote, advancing legislation that could position the state as a crypto policy leader. Unlike failed proposals in Montana, Wyoming, and other Republican-led states, Texas’s bill sidestepped partisan gridlock by removing mandatory Bitcoin purchases—a key concession to fiscal conservatives. Instead, it permits (but does not require) the state to acquire Bitcoin, ideally from its thriving mining sector.
This strategic compromise won unexpected Democratic support, signaling rare cross-aisle collaboration. The bill now heads to Texas’s GOP-dominated House, where its fate hinges on balancing pro-crypto Republicans and cautious lawmakers wary of past GOP defections elsewhere. As the U.S.’s second-largest economy,
Texas’s embrace of crypto reserves could spur broader institutional adoption and reignite stalled state-level efforts nationwide. With Governor Greg Abbott’s pro-crypto stance, success in the House would cement Texas alongside Utah and Arizona as pioneers in blockchain-friendly policy, marking a pivotal step in shaping America’s evolving digital asset landscape.