Texas Moves Closer to Uncapped Strategic Crypto Reserve as Governor Signals Support

Texas Governor Greg Abbott declared support for Senate Bill 21, tweeting an article that highlighted its passage through the state legislature. The bill authorizes the comptroller to create a Bitcoin reserve, potentially making Texas the second U.S. state—after New Hampshire—to codify such a policy. Abbott once branded himself a “crypto law proposal supporter,” and industry advocates say his signature could cement Texas’s drive to become “the crypto capital.” Legislative Journey SB 21 survived a 25-5 Senate vote on March 6 and cleared the House committee on May 7. Its authors modeled the measure on President Trump’s March executive order establishing … Continue reading Texas Moves Closer to Uncapped Strategic Crypto Reserve as Governor Signals Support