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Texas Pioneers State-Level Bitcoin Reserve, Sparking National Trend

Summary by The Rio Times

Texas State Senator Charles Schwertner introduced Senate Bill 778 on January 16, 2025, proposing the establishment of the nation’s first state-level Bitcoin strategic reserve. This groundbreaking legislation aims to position Texas at the forefront of cryptocurrency adoption and financial innovation. The Texas Strategic Bitcoin Reserve Act would establish a special fund separate from the general […]

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CommonWealth Beacon

Political Notebook: Maura Healey’s echo | Bitcoin strategic reserve?

THERE WAS TALK of no new taxes, fixing the MBTA, and cutting red tape, all while avoiding direct references to Donald Trump.That was Charlie Baker in his 2017 State of the Commonwealth speech, delivered while the moderate Republican governor was still in his first term and casting wary glances at Washington.That was also Maura Healey in her speech on Thursday night, as the moderate Democratic governor wades through her first term and braces for …

1 month ago

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The Rio Times

Texas Pioneers State-Level Bitcoin Reserve, Sparking National Trend

1 month ago·Brazil

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Reform Austin

Bill To Create Texas Bitcoin Reserve Filed Despite Risks- Reform Austin

State Senator Charles Schwertner (R-Bryan) has filed a bill with the Texas Legislature to enable the state to buy a strategic reserve of the digital cryptocurrency Bitcoin, but it’s unclear if it is a wise move. “It’s time for Texas to lead the way in establishing a Strategic Bitcoin Reserve,” Schwertner tweeted on Wednesday. “That’s why I filed SB 778, which, if passed and signed into law, would make Texas the first state in the nation to estab…

1 month ago

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coinbuzzfeed.com

Texas Proposes First US Bitcoin Reserve, Boosts Crypto Transparency

Texas Pioneers Bitcoin Innovation: A New Era for Digital Assets Introduction The state of Texas is poised to become a trailblazer in the world of digital assets, with a proposed Bitcoin reserve and new regulations aimed at increasing transparency in the Bitcoin mining sector. These developments are set to stimulate innovation, foster financial growth, and solidify Texas’ position as a leader in the cryptocurrency space. Key Developments Establis…

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Crypto News

Texas Leads The Charge: First State-Level Bitcoin Reserve Announced Ahead Of Trump Inauguration

As President Donald Trump’s inauguration approaches, Bitcoin and blockchain enthusiasts are optimistic about the potential for crypto-friendly policies. Leading the charge is Texas, with Senator Charles Schwertner announcing the filing of SB 778, a groundbreaking bill to establish the first state-level Bitcoin reserve. This move positions Texas as a trailblazer in the blockchain revolution and underscores its […]

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GlobalNewsIt

Texas Aims To Pioneer Strategic Reserve – #CryptoUpdatesGNIT

With President Donald Trump’s inauguration just a few days away, Bitcoin and blockchain supporters are bracing for crypto-friendly policies. Leading the charge is Texas, with Senator Charles Schwertner announcing a bill to launch its first state-level Bitcoin reserve. In a Twitter/X post, Senator Schwertner announced the filing of SB 778, making Texas the first state to create a strategic Bitcoin reserve. According to the Texan legislator, creat…

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