The Texas Bitcoin Reserve Bill will have its second reading today

2025-05-20 15:52:52
Collection

ChainCatcher news, according to Bitcoin Magazine, the Texas Senate Bill SB 21 will have its second reading in the state House of Representatives today (May 20). The bill was introduced by Senator Schwertner and others, with Representative Capriglione serving as the House sponsor, aiming to establish and manage the "Texas Strategic Bitcoin Reserve."

The core content of the bill includes investing in cryptocurrencies and authorizing the state auditor to have investment authority over the reserve and other specific state funds.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators