News with the tag "texas"

Key Takeaways: Lawmakers are considering digital assets to diversify traditional fiscal reserves. The initiative signals a move toward innovative, modern investment methods for public funds. The proposal fuels debate over balancing financial innovation with inherent market risks. It reflects a growi...

U.S. states may successfully front-run federal authorities on Bitcoin reserve policy as Texas lawmakers advanced a bill through the Senate. Texas policymakers in the state Senate approved a proposal to invest public funds in Bitcoin ( BTC ) with a 25-2 vote on Thursday, March 6, amid a U.S. crypto p...

Several U.S. states are getting closer to putting public money into cryptocurrencies effort, spurred by President Donald Trump since he announced plans to do the same on a federal level. And Texas is now among the leading contenders. On Thursday, the Texas state senate passed the so-called SB 21 bil...

Bitcoin Magazine Texas Strategic Bitcoin Reserve Bill Passes The Senate Today, the Texas Senate has passed SB 21, a bill aimed at creating a strategic Bitcoin reserve for the state, by a vote of 25-5. The bill will now advance to the Texas House for further consideration. JUST IN: Texas Strategic Bi...

Buckle up, crypto enthusiasts! Texas, known for its independent spirit and increasingly crypto-friendly stance, is making waves again. The state is considering a groundbreaking move that could solidify its position as a leader in the digital asset space: establishing a Strategic Bitcoin Reserve. Let...

Everything is bigger in Texas, the popular saying goes. Now, Bitcoin adds to that reputation as the state moves closer to creating its own strategic Bitcoin reserve. The initiative, passed with a landslide 9–0 vote on February 27, 2025, outlines a plan for Texas to manage and store Bitcoin as part o...

Texas policymakers have roughly $24 billion in sovereign wealth as the State’s Senate weighed passing Bitcoin reserve legislation. The Texas Senate Committee on Business and Commerce unanimously supported a bill to invest state surplus dollars into Bitcoin ( BTC ) as governments mulled crypto reserv...

Exciting developments are unfolding in the Lone Star State as Texas takes a significant stride towards embracing digital assets. The Texas Bitcoin Bill , officially known as SB-21, has successfully navigated the Texas Business and Commerce Committee and is now poised for deliberation on the Senate f...

This year's rapid surge in U.S. states' interest to put public money into cryptocurrencies before the federal government can establish a strategic reserve of digital assets has encountered mixed results after five such efforts flamed out, though Utah remains a single vote away from the finish line a...

Hold onto your hats, crypto enthusiasts! The Bitcoin mining landscape is heating up, and Genesis Digital Assets (GDA) is making a significant power move. They’re doubling down on Texas, expanding their operations in the heart of the Lone Star State. This isn’t just a small step; it’s a bold leap, in...