Bitcoin in State Treasury? Texas Representative Proposes Strategic Reserve


Bitcoin in State Treasury? Texas Representative Proposes Strategic Reserve



House Bill 1598, introduced by Texas Representative Giovanni Capriglione on Dec. 12, outlines a plan to establish a Bitcoin reserve within the state treasury. The bill, titled the Texas Strategic Bitcoin Reserve Act, details the state comptroller’s responsibilities for managing Bitcoin as a financial asset, including provisions for secure storage and a long-term holding strategy. […]



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