💰 Texas Launches State #bitcoin Reserve, Approves Crypto Seizures — BitcoinLaws
⏺ Starting September 1, 2025, Texas will enforce law SB1498, allowing authorities to seize cryptocurrencies, #NFTs , and stablecoins linked to criminal activity.
⏺ Seized assets will be transferred to cold wallets managed by the state.
⏺ At the same time, Texas becomes the first U.S. state to establish a government-backed Bitcoin reserve. An initial $10 million has already been allocated for $BTC purchases.
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