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Texas Pushes Forward With SB 21 Bill To Build State Bitcoin Reserve
Texas is once more generating news not only for its energy industry or independent streak but also for its state-wide leadership in Bitcoin adoption. Senate Bill 21 (SB 21), a suggested legislation establishing a Bitcoin reserve for the state of Texas, has been advanced by the Texas Senate. Should it be approved, Texas would become the first state in the United States to formally own Bitcoin on its balance sheet, therefore opening the path for more general institutional acceptance and a fresh chapter in the history of crypto-regulating policies. What is SB 21 All About? Introduced by Senator Bryan Hughes, SB 21 ... (full story)
