Senate Bill 21 establishes the Texas Bitcoin Reserve, a state-managed fund that holds Bitcoin and other major cryptocurrencies. It allows state funds to be used for crypto purchases and sets up an advisory committee to guide its management. A report on the reserve’s holdings will be published every two years. Some have called Bitcoin “digital gold,” and I believe its limited supply and decentralized nature make it a critical asset for Texas’ future.
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2025-08-02T16:16:06.000Z