US EditionTexas House committee passes Bitcoin reserve bill for full floor vote
- On May 7, 2025, Senate Bill 21, a proposal to create a state-managed Bitcoin reserve, was approved by a key committee in the Texas House, moving the legislation closer to a full House vote.
- The bill follows a trend among US states to create strategic Bitcoin reserves, with Arizona and New Hampshire enacting similar laws this week while Florida dropped its plans.
- SB 21 allows the Texas comptroller to invest state funds exclusively in digital assets maintaining a $500 billion market cap, currently only Bitcoin, and passed the Senate 25-5 in March.
- The House Committee approved SB 21 by a 9-4 party-line vote, and Julian Fahrer stated on May 8 that the bill’s final fate will be known by the legislative session’s June 2 adjournment.
- If the full House approves SB 21, Governor Greg Abbott—who has expressed support for digital assets—is likely to sign it, which would make Texas the first state to officially maintain Bitcoin as part of its strategic reserve.
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Crypto News Wire - Latest Crypto News And AnalysisTaiwan lawmaker calls for Bitcoin reserve at national conference
The post Taiwan lawmaker calls for Bitcoin reserve at national conference appeared first on Daily Truth Report • DailyTruthReport.com.
Taiwan Legislator KO JU-CHUN Advocates for Crypto Integration in Reserves at the National Conference on May 9th
In an important statement in the National Conference given on May 9th, Taiwan Legislator KO, JU-CHUN, proposes Bitcoin as a diverse reserve option for Taiwan. KO’s argument emphasizes the ability of Bitcoin to provide a hedge against the global events that threaten the world economy. Further, the NGOs of Taiwan to take serious consideration of Bitcoin as they do of the traditionally accepted assets of Gold and Foreign Exchange Reserves. Accordin…
Texas Pushes Forward With SB 21 Bill
Texas is once more generating news not only for its energy industry or independent streak but also for its state-wide leadership in Bitcoin adoption. Senate Bill 21 (SB 21), a suggested legislation establishing a Bitcoin reserve for the state of Texas, has been advanced by the Texas Senate. Should it be approved, Texas would become the first state in the United States to formally own Bitcoin on its balance sheet, therefore opening the path for …
Texas Advances Strategic Bitcoin Reserve Bill To Final Vote
Texas lawmakers have advanced the Strategic Bitcoin Reserve (SBR) bill to the final stage, which could make it the third state in the US with crypto reserves. This move follows the steps of Arizona and New Hampshire, which recently signed two SBR bills into law. Texas Bitcoin Reserve’s Fate To Be Decided By June 2 On Wednesday, the Texas House Committee on Delivery of Government Efficiency (DOGE) passed Senate Bill 21 (SB 21), advancing to the n…
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