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Reading: Historical Bitcoin decision from the world’s 8th largest economy! Eyes in this signature
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > Historical Bitcoin decision from the world’s 8th largest economy! Eyes in this signature
Bitcoin and BTC

Historical Bitcoin decision from the world’s 8th largest economy! Eyes in this signature

vitalclick
Last updated: May 21, 2025 10:06 am
5 days ago
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Texas State Crypto is preparing to take a historical step in the world of currency. Strategic bitcoin $104,976.58 With the second vote of the Reserve Law, the second largest US state of the United States is officially able to invest in Bitcoin. The bill, which has previously approved the Senate, is now waiting for the approval of Governor Greg Abbott. Texas, the eighth largest economy of the world if approved, will be one of the first major states to invest crypto money at the public level.

Preparing the legal ground for Texas BitcoinCrypto Money Race in the United States is hot

Preparing the legal ground for Texas Bitcoin

SB 21st Draft, Texas’s official reserves Bitcoin It constitutes the legal infrastructure that makes it possible to add it. The bill does not yet contain a clear figure on the amount of BTC to be purchased. However Texas Blockchain CouncilAccording to the statements of this bill is only one start. It is planned to initiate a separate legal process for details such as investment amount and budget. This shows that the state’s interest in Bitcoin is not a superficial PR move, but part of a systematic and long -term strategy.

Texas Bitcoin reserve

Draft law House of RepresentativesHe was approved for the second time and one step closer to the final vote. With this development, Texas has reached an important turning point in the US as one of the first states that want to invest in a public -supported crypto money. Supported by the Republican majority, the bill is expected to be approved by the Governor Abbott.

Crypto Money Race in the United States is hot

Texas’s move is US President Donald Trump‘s “National Bitcoin Reserve” call. But Texas is not alone in this race. Arizona And New Hampshire As such states had previously taken similar steps and created their own crypto currency reserves. Nevertheless, Texas has the potential to arouse a wider echo in this field due to its economic size and political impact.

President of Texas Blockchain Council Lee BratcherIn a statement on the subject, the bill is only one start and said that more detailed arrangements will come in the coming period. These regulations will clarify how much funds will be divided into Bitcoin and the framework of these investments will be made. This development, which also aroused a wide interest in the public, Texas crypto currency He points out that he can play a leading role in his world.

Texas Crypto Money Reserve The creation move can be a harbinger of a new era, not only regional, but also at the national level. At a time when the interest of public institutions in the United States in Bitcoin and similar crypto currencies increases, this development may be an example for other states.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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