US EditionTexas Senate approves bitcoin reserve plan
- The Texas State Senate passed Bill SB 21, allowing public funds to be invested in bitcoin, with a vote of 25-5 on March 6, 2025.
- Texas Senator Charles Schwertner stated that bitcoin has proven itself as a reserve asset amid national deficits and inflation.
- New Hampshire's House Bill 302 allows up to 5% of public funds for bitcoin investment, having passed by a 16-1 vote in committee.
- President Trump discussed a strategic crypto reserve plan, which may include multiple cryptocurrencies, but details remain unclear.
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41 Articles
The Business Journals
KXANTexas Senate approves bitcoin reserve plan
The Texas Senate voted March 6 to approve a bill to create a Texas Strategic Bitcoin reserve. The measure moves on to the House after a 25-5 vote. State Sen. Charles Schwertner, who authored Senate Bill 21, said last month, “Cryptocurrency is what people believe it is. In this case, Bitcoin is finite and decentralized and something that [people] don’t have to worry about governments printing more and more money.” Texas legislators are moving for…
Activist Post
Texas Strategic Bitcoin Reserve Bill Passes The Senate
In a vote of 25-5, Texas’ bitcoin reserve legislation has been approved by the Senate. It will now advance to the House. Today, the Texas Senate has passed SB 21, a bill aimed at creating a strategic Bitcoin reserve for the state, by a vote of 25-5. The bill will now advance to the Texas House for further consideration. https://twitter.com/BitcoinMagazine/status/1897720645984960893 Texas Lieutenant Governor Dan Patrick identified SB 21 as a pri…
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