Texas Bitcoin Reserve Law Triggers Sunday—Silence Means Yes

Texas Bitcoin Reserve Law Triggers Sunday—Silence Means Yes

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Texas is now within a single, silent procedural heartbeat of creating the nation’s largest government-run stash of bitcoin. Senate Bill 21, the Texas Strategic Bitcoin Reserve and Investment Act, was dispatched to Gov. Greg Abbott on June 1 after clearing both chambers... The post Texas Bitcoin Reserve Law Triggers Sunday—Silence Means Yes appeare…

Watch Texas Flip the Script on State Bitcoin Reserves Before Sunday's Final Block News ETHNews

Texas Governor Greg Abbott must sign/veto the SB 21 bill by Sunday; otherwise it becomes law automatically, creating a state BTC treasury. SB 21 mandates the Comptroller to acquire, hold, and manage Bitcoin, starting a strategic state reserve due to BTC’s market size. Texas faces a Sunday deadline regarding state-owned Bitcoin. Governor Greg Abbott must sign or veto Senate Bill 21 (SB 21) by June 22nd. If he takes no action by that date, the bil…

Texas Governor Awaits Deadline on Bitcoin Reserve Bill - Blockchain & Cryptocurrencies Tabloid

Texas Governor Abbott approaches deadline to sign or veto the Bitcoin Reserve Bill, impacting Bitcoin market. The post Texas Governor Awaits Deadline on Bitcoin Reserve Bill appeared first on Blockchain & Cryptocurrencies Tabloid.